🕷️ Crawler Inspector

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Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 92 (from laksa064)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa092.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.wikihow.com/Buy-Bitcoins\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.wikihow.com/Buy-Bitcoins\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.wikihow.com\/Buy-Bitcoins","crawl_time":1775744555,"first_indexed_time":1507296782,"http_code":200,"src_unparsed":"com,wikihow!www,\/Buy-Bitcoins s443","src_root_hash":"12431216878206919092","history_drop_reason":null,"meta_title":"How to Buy Bitcoin: 5 Beginner-Friendly Options","meta_descriptions":["The beginner's guide to purchasing Bitcoin with your debit card or bank account Are you thinking of investing in Bitcoin? Or maybe you want to use Bitcoin as an alternative currency to pay for goods or services. Either way, it's easier to..."],"attrs_boilerpipe_text":"Download Article\nThe beginner's guide to purchasing Bitcoin with your debit card or bank account\nDownload Article\nUsing Payment Apps\n|\nUsing Stock Trading Apps\n|\nUsing an Exchange\n|\nUsing Bitcoin ATMs\n|\nBuying Peer-to-Peer\n|\nStoring Your Bitcoin\n|\nAdvantages and Disadvantages\n|\nVideo\n|\nTips\nAre you thinking of investing in Bitcoin? Or maybe you want to use Bitcoin as an alternative currency to pay for goods or services. Either way, it's easier to buy Bitcoin safely now that Bitcoin has been more widely adopted. You can purchase Bitcoin using familiar apps like PayPal, Cash App, and Robinhood, order it on an exchange like stocks, or even buy it in person. In this article, we'll teach you the easiest and safest ways to buy and store Bitcoin.\nThings You Should Know\nThe easiest way to buy Bitcoin is to use a digital payment app like Cash App, PayPal, or Venmo.\nA cryptocurrency exchange makes it easy to trade cash for Bitcoin and other tokens and can also serve as a digital wallet.\nYou can also store Bitcoin in a separate cryptocurrency wallet. Wallets can be mobile apps, on the web, on hardware devices, and even on paper.\nIf you have a PayPal account, buying Bitcoin is simple. Just tap the\nFinances\nicon in the PayPal app, tap\nCrypto\n, and select\nBitcoin\n>\nBuy\n. Enter the amount you want to purchase (you can use your balance, linked bank account, or debit card), and follow the on-screen instructions to complete your payment.\n[1]\nOnce you've bought Bitcoin, you can store it in your PayPal account, keep track of its price, and sell it for cash at any time. You can also use your Bitcoin to shop anywhere that accepts PayPal at checkout.\n[2]\nPayPal charges a small fee for Bitcoin purchases, ranging from $0.49 (for sales under $4.99) to 1.8% (purchases between $200.01 and $1000).\nIf you prefer to keep your bitcoins in a\ncryptocurrency wallet\n, you can send them from PayPal to your wallet's Bitcoin address.\n[3]\nLike its big sibling PayPal, Venmo also makes it easy to\npurchase Bitcoin\nusing your balance, debit card, or bank account. Unlike PayPal, you can't use Bitcoin to make purchases in Venmo—but you can buy, sell, send, and receive Bitcoins from within the app. To buy, just tap the\nCrypto\ntab, select\nBitcoin\n, enter the amount, and follow the on-screen instructions to process your payment.\n[4]\nYou can then store your Bitcoin in Venmo or transfer it to another wallet.\nVenmo's fees are identical to PayPal's, ranging from $0.49 (for purchases under $4.99) to 1.80% (for purchases from $200.01 to $1000).\n[5]\nAdvertisement\nIf you want a way to buy Bitcoin easily from your phone or tablet but also want to dabble in cryptocurrency trading, Cash App is for you. Not only can you buy Bitcoin and other cryptocurrencies using\nyour Cash App balance\n, you can also place advanced orders, such as buying Bitcoin only when it\nhits a certain price\n. To buy Bitcoin in Cash App, tap the Bitcoin tab, select\nBuy BTC\n, choose an amount, and then follow the on-screen instructions to purchase.\nCash App does charge a fee to purchase Bitcoin, which usually ranges from 1% to 2%. The fee varies depending on market conditions. Before you confirm your purchase, you'll see the fee amount.\n[6]\nYou can also send and receive Bitcoin from Cash App, as well as invest a certain percentage of each paycheck automatically.\n[7]\nAdvertisement\nBecause buying and selling Bitcoin is so similar to\ntrading stocks\n, it fits in perfectly on Robinhood. Known as the app that made\nbuying stocks\nmore accessible to the average person, Robinhood allows you to buy and sell Bitcoin and other cryptocurrencies by placing market, limit, stop, and stop limit orders.\n[8]\nIf that sounds too confusing, don't worry. If you just want to buy some Bitcoin to hang onto, just tap the magnifying glass and go to\nCrypto\n>\nBitcoin\n>\nBuy\n, enter the amount you want to purchase, select\nMarket Order\nif not already selected, and then confirm your purchase.\n[9]\nWhile it wasn't possible to do for a while, you can now transfer Bitcoin out of Robinhood to any address.\n[10]\nRobinhood does not charge fees for buying and selling Bitcoin and other cryptocurrencies.\n[11]\nIf you have a Fidelity account for your stocks and other investments, you can use the Fidelity Investments mobile app to buy and sell Bitcoin. Like Robinhood, you can use Fidelity to place both market and\nlimit orders\n, sell, send, and receive Bitcoin in the app.  To buy Bitcoin, select\nBitcoin\nfrom the list of cryptocurrencies, choose your preferred order type, enter the amount you want to buy, and then follow the on-screen instructions to place your order.\nThere won't be a separate fee to buy Bitcoin on Fidelity, but the service does add a spread of up to 1% to the total cost of the order, which inflates the price.\n[12]\nWebull doesn't have the name recognition of big apps like Fidelity and Robinhood, but that doesn't mean it's not a great place to buy Bitcoin and other cryptocurrencies. This growing app supports stocks, cryptocurrency, options, and more, lets you place both market and limit orders, and is very user-friendly. However, unlike its competitors, you can't transfer your Bitcoin to another wallet or person—it has to stay in Webull. To buy Bitcoin on Webull, go to\nMarkets\n>\nCrypto\n, select\nBitcoin\n, choose your funding source, and then place your order.\nWebull collects fees by applying a 100bps markup (1%) to each Bitcoin purchase. This inflates the price of the Bitcoin just enough to cover that amount without charging you a separate fee.\n[13]\nOnce you sign up for Webull, you'll need to tap the menu icon and select\nCrypto Trading\nto request a cryptocurrency account. Once approved, add money to your Webull account, go to the\nMarket\ntab, then go to\nCrypto\n>\nBitcoin\n.\nAdvertisement\nBuying Bitcoin through a centralized cryptocurrency exchange is a great option, especially if you're interested in trading other cryptocurrencies in a user-friendly setting. A cryptocurrency exchange works like any other currency exchange: You register, deposit your region's currency, and then trade it for Bitcoin. Exchanges also let you trade Bitcoin for other cryptocurrencies and send and receive them from your wallet. Centralized exchanges are a good option if you want to engage in regular trading and don’t need total anonymity.\nChoosing the best exchange depends on where you are located and the type of currency you want to use to buy Bitcoin. Some of the more well-known exchange services include Coinbase, Kraken, Binance, Kucoin, Bitstamp, and Bitfinex.\n[14]\nSome exchanges do not allow fiat (your regional currency) deposits. For example, if you want to use a decentralized exchange, you'll need another type of cryptocurrency to trade for Bitcoin instead of your region's currency. If you want to buy Bitcoin with your bank account, debit card, or credit card, avoid \"crypto-only\" exchanges.\nTo use a centralized exchange, you'll need to provide proof of identity to the service—a process known as KYC (Know Your Customer) designed to meet anti-money laundering requirements. This process usually involves taking a photo of yourself holding up a sheet of paper that says the exchange's name and the date or sometimes holding up your identification. You'll also need to scan your government ID.\nThough you must provide proof of your identity, exchanges do not provide the same protection that banks do. You are not protected against hackers or given reimbursement if the exchange goes out of business.\nYou'll need to deposit some cash to buy Bitcoin on an exchange. Most exchanges make it easy to link your bank account or debit card to transfer funds easily, while others only accept wire transfers. Follow your exchange's instructions to fund your account.\nSome exchanges, like Coinbase and Crypto.com, allow you to simply click or tap Bitcoin, enter an amount, and instantly make a purchase. Other exchanges are more like stock exchanges, where instead of choosing what you want and paying for it, you'll need to examine the charts and place a market or limit order.  Either way, once you place your order, your Bitcoin will be deposited into your exchange wallet.\nCentralized exchanges store your Bitcoin and fiat currency for you online so you can trade, sell, send, and receive Bitcoin and other tokens. However, most experts agree that you should send your Bitcoin to a\nnon-custodial wallet\nrather than leaving your Bitcoin on an exchange—just in case the exchange goes bankrupt.\nAdvertisement\nNow that Bitcoin is growing more popular, you can buy it at Bitcoin-specific ATMs. You'll often find these kiosks at malls, airports, universities, and convenience stores. To find the closest Bitcoin ATM, visit\nhttps:\/\/coinatmradar.com\/\nand enter your address.\nWhile these ATMs initially allowed you to stay anonymous when buying Bitcoin, most now require you to provide identification—many even require you to scan your government ID. At the very least, you'll need to provide your phone number at most Bitcoin ATMs.\n[15]\nIf you haven't already created a Bitcoin wallet,\nyou'll need to do so\nbefore using a Bitcoin ATM.\nTo get started at most Bitcoin ATMs, you'll usually need to enter your phone number to verify your identity. Once you do this, you may be prompted to provide additional information.\nMost Bitcoin ATMs only accept cash, as they are not set up to process debit or credit card transactions.\nThen, scan your mobile wallet QR code or access the codes needed from your account via your smartphone to load bitcoins onto your wallet.\nExchange rates at Bitcoin ATMS can vary from 3% to 8% on top of the standard exchange price.\nAdvertisement\nUnlike traditional exchanges, peer-to-peer exchanges allow users to trade cryptocurrencies with one another without providing any personal information. Some popular peer-to-peer exchanges are\nBisq\n,\nLocal Coin Swap\n,\nHodl Hodl\n, and\nAgoraDesk\n.\nYou can also buy Bitcoin from someone in person. When you buy Bitcoins directly from another person, you'll need to give them your\nwallet address\nand payment in exchange for the agreed-upon amount. Just be careful about meeting random people who claim to be selling Bitcoin online, and always make sure the coins have been transferred into your wallet before paying the seller.\nYou can check the current Bitcoin exchange rates online at\nhttps:\/\/www.coingecko.com\n.\nIf you buy Bitcoin through a service like Robinhood, PayPal, or Cash App, you don't\nhave to\ncreate a separate wallet. But if you buy Bitcoins on an exchange, through a Bitcoin ATM, or via a person-to-person transaction, you'll want a Bitcoin wallet to store your private keys. There are two types of wallets:\nCustodial wallets:\nWhen you use a custodial wallet, you're storing your\nprivate keys\non a remote server run by a third party. These wallets are usually offered by cryptocurrency exchanges like Binance,\nCoinbase\n, Kucoin, and Crypto.com. You can think of using a custodial wallet like depositing cash into a bank account. However, because Bitcoin is not insured like most banks, you risk losing your Bitcoin if the wallet provider goes bankrupt.\nNon-custodial wallets:\nWith this type of wallet, you store the keys for your Bitcoin on your device, such as your computer, phone, tablet, hardware wallet, or even a\npaper wallet\n. Non-custodial wallets include MetaMask, Trust Wallet, Electrum, Atomic Wallet, and hardware devices like Trezor and Ledger.\nIf you create a wallet that isn't on a cryptocurrency exchange, you'll need access to your Bitcoin address to receive the Bitcoin you purchase. Look for a \"Receive\" or \"Deposit\" link in your Bitcoin wallet to find the long series of characters that make up your wallet address. When buying Bitcoin at a Bitcoin ATM, from a person directly, or on a decentralized exchange, you must provide this address during your purchase.\nIf you want to buy Bitcoin at Bitcoin ATMs, consider a Bitcoin wallet that supports deposits using a QR code like Electrum,\nTrust Wallet\n, or Coinbase Wallet. Don't trust any online Bitcoin QR code generators, which are often scam sites.\nWhile some wallets have a built-in method to buy Bitcoin from their app or website, most just act as a holding place for your tokens. Once you purchase Bitcoin on an exchange or in a finance app, look for the \"send,\" \"transfer,\" or \"withdraw\" option, and enter your Bitcoin wallet address. If you're using a Bitcoin ATM, you can usually scan your wallet's QR code for a quick transfer.\nAdvertisement\nLow fees:\nUnlike traditional finance systems, whereby the system itself (like PayPal or a bank) is compensated with a fee, Bitcoin bypasses this entire system. The Bitcoin network is maintained by the \"miners,\" who are compensated with new Bitcoin.\nProtection against fraud:\nBecause Bitcoin is digital, it cannot be counterfeited, which protects against payment fraud. In addition, transactions cannot be reversed by credit card chargebacks.\nImmediate transfer and settlement.\nTraditionally, when money is transferred, it involves significant delays, holds, or other hassles. The lack of a third party means that Bitcoin can be transferred directly between people without the complexities, delays, and fees associated with purchasing between parties using different currencies and providers.\nFinancial safety.\nWith traditional banking, if someone makes a fraudulent transaction on your credit card or your bank goes belly-up, there are laws in place to limit your losses. Unlike banks, Bitcoin does not have a safety net in place if your Bitcoins are lost or stolen. There is no intermediary power to reimburse you for lost or stolen Bitcoins.\nSecurity.\nBitcoin is not immune to hackers, and the average Bitcoin account is not completely secured against hacking or security breaches.\nPrice volatility.\nThe price of Bitcoin in dollars fluctuates wildly, often with no rhyme or reason. A bad news cycle could tank your investment. In addition, because Bitcoin's value is determined by supply and demand, should Bitcoin end up being subject to government regulation in any form, it could reduce the number of people who want to use Bitcoin, which could theoretically make the currency worthless.\n[16]\nAdvertisement\nAsk a Question\n200 characters left\nInclude your email address to get a message when this question is answered.\nSubmit\nAdvertisement\nVideo\nFamiliarize yourself with how to sell your Bitcoins as well.\nThanks\nIf buying Bitcoin in person, meet the seller in a busy public place. Avoid meeting in private homes. You should take all the precautions, especially if you carry cash to pay the seller for the coins.\nThanks\nThanks for submitting a tip for review!\nAdvertisement\nReferences\nAbout This Article\nArticle Summary\nX\nIf you want to buy Bitcoins, you will need to set up an online storage site by either installing a wallet on your home computer or creating an account with a third party site. You can also store the key to your Bitcoins on a piece of paper printed with a code. Once you’ve set up your account, you can obtain Bitcoins by purchasing them through an exchange service, or you can purchase them from an individual Bitcoin seller. In some areas, you can even find Bitcoin ATMs where you can convert your Bitcoins into cash.\nTo learn more about the risks and benefits of having Bitcoins, keep reading the article!\nDid this summary help you?\nThanks to all authors for creating a page that has been read 621,344 times.\nReader Success Stories\nKathleen O.\nAug 9, 2017\n\"I didn't have any idea what Bitcoin was or how it worked, other than knowing it was some type of digital\n...\"\nmore\nIs this article up to date?\nwikiHow Tech Help Pro:\nLevel up your tech skills and stay ahead of the curve\nLet's go!\nX\nFor over two decades, we’ve been on a mission: to help everyone in the world learn how to do anything. Our articles are human written and expert endorsed to ensure readers like you get reliable, current information.\nBefore you get back to learning, we would be grateful if you could take a minute to support wikiHow. Any amount helps. 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Learn why people **trust wikiHow**](https:\/\/www.wikihow.com\/wikiHow:Delivering-a-Trustworthy-Experience)\n\n- [Categories](https:\/\/www.wikihow.com\/Special:CategoryListing \"Special:CategoryListing\")\n- [Computers and Electronics](https:\/\/www.wikihow.com\/Category:Computers-and-Electronics \"Category:Computers and Electronics\")\n# [How to Buy Bitcoins: Easy & Trustworthy Options + Tips](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\nThe beginner's guide to purchasing Bitcoin with your debit card or bank account\n\n**Co-authored by** [Vinny Lingam](https:\/\/www.wikihow.com\/Author\/Vinny-Lingam)  and [Nicole Levine, MFA](https:\/\/www.wikihow.com\/Author\/Nicole-Levine-MFA)\n\n[Last Updated: March 20, 2026](https:\/\/www.wikihow.com\/Buy-Bitcoins)  [Fact Checked](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n- [Using Payment Apps](https:\/\/www.wikihow.com\/Buy-Bitcoins#Using-Payment-Apps)\n- [Using Stock Trading Apps](https:\/\/www.wikihow.com\/Buy-Bitcoins#Using-Stock-Trading-Apps)\n- [Using an Exchange](https:\/\/www.wikihow.com\/Buy-Bitcoins#Using-an-Exchange)\n- [Using Bitcoin ATMs](https:\/\/www.wikihow.com\/Buy-Bitcoins#Using-Bitcoin-ATMs)\n- [Buying Peer-to-Peer](https:\/\/www.wikihow.com\/Buy-Bitcoins#Buying-Peer-to-Peer)\n- [Storing Your Bitcoin](https:\/\/www.wikihow.com\/Buy-Bitcoins#How-to-Store-Your-Bitcoin)\n- [Advantages and Disadvantages](https:\/\/www.wikihow.com\/Buy-Bitcoins#Advantages-and-Disadvantages)\n- [Video](https:\/\/www.wikihow.com\/Buy-Bitcoins#Video)\n- [Tips](https:\/\/www.wikihow.com\/Buy-Bitcoins#tips)\n\n\\|Show more\n\n\\|Show less\n\nX\n\nThis article was co-authored by [Vinny Lingam](https:\/\/www.wikihow.com\/Author\/Vinny-Lingam) and by wikiHow staff writer, [Nicole Levine, MFA](https:\/\/www.wikihow.com\/Author\/Nicole-Levine-MFA). Vinny Lingam is and investor and the CEO of Civic Technologies, a blockchain-powered identity protection and management startup. Vinny is known as the 'Bitcoin Oracle' amongst the cryptocurrency community. He was awarded the Top Young ICT Entrepreneur in Africa Award in 2006, was on the World Economic Forum for Young Global Leaders in 2009, and was voted one of the top 500 CEOs in the World in 2015. He is also an investor on Shark Tank South Africa. He has a BS in E-Commerce from the University of South Africa.   \n  \n There are [15 references](https:\/\/www.wikihow.com\/Buy-Bitcoins#References) cited in this article, which can be found at the bottom of the page.   \n  \n This article has been fact-checked, ensuring the accuracy of any cited facts and confirming the authority of its sources.   \n  \n This article has been viewed 621,344 times.\n\nAre you thinking of investing in Bitcoin? Or maybe you want to use Bitcoin as an alternative currency to pay for goods or services. Either way, it's easier to buy Bitcoin safely now that Bitcoin has been more widely adopted. You can purchase Bitcoin using familiar apps like PayPal, Cash App, and Robinhood, order it on an exchange like stocks, or even buy it in person. In this article, we'll teach you the easiest and safest ways to buy and store Bitcoin.\n\n## Things You Should Know\n- The easiest way to buy Bitcoin is to use a digital payment app like Cash App, PayPal, or Venmo.\n- A cryptocurrency exchange makes it easy to trade cash for Bitcoin and other tokens and can also serve as a digital wallet.\n- You can also store Bitcoin in a separate cryptocurrency wallet. Wallets can be mobile apps, on the web, on hardware devices, and even on paper.\n## Steps\nSection 1 of 7:\n\n### Using Payment Apps\n\n[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n1. [![Step 1 PayPal.](https:\/\/www.wikihow.com\/images\/thumb\/d\/d1\/Buy-Bitcoins-Step-1-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-1-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-1-Version-8.jpg)\n   1\n   **PayPal.** If you have a PayPal account, buying Bitcoin is simple. Just tap the **Finances** icon in the PayPal app, tap **Crypto**, and select **Bitcoin** \\> **Buy**. Enter the amount you want to purchase (you can use your balance, linked bank account, or debit card), and follow the on-screen instructions to complete your payment.[\\[1\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-1) X Research source     Once you've bought Bitcoin, you can store it in your PayPal account, keep track of its price, and sell it for cash at any time. You can also use your Bitcoin to shop anywhere that accepts PayPal at checkout.[\\[2\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-2) X Research source\n   \n   - PayPal charges a small fee for Bitcoin purchases, ranging from \\$0.49 (for sales under \\$4.99) to 1.8% (purchases between \\$200.01 and \\$1000).\n   - If you prefer to keep your bitcoins in a [cryptocurrency wallet](https:\/\/www.wikihow.com\/Buy-Bitcoins#How-to-Store-Your-Bitcoin), you can send them from PayPal to your wallet's Bitcoin address.[\\[3\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-3) X Research source\n2. [![Step 2 Venmo.](https:\/\/www.wikihow.com\/images\/thumb\/f\/f5\/Buy-Bitcoins-Step-2-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-2-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-2-Version-8.jpg)\n   2\n   **Venmo.** Like its big sibling PayPal, Venmo also makes it easy to [purchase Bitcoin](https:\/\/www.wikihow.life\/Buy-Bitcoin-on-Venmo) using your balance, debit card, or bank account. Unlike PayPal, you can't use Bitcoin to make purchases in Venmo—but you can buy, sell, send, and receive Bitcoins from within the app. To buy, just tap the **Crypto** tab, select **Bitcoin**, enter the amount, and follow the on-screen instructions to process your payment.[\\[4\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-4) X Research source     You can then store your Bitcoin in Venmo or transfer it to another wallet.\n   \n   - Venmo's fees are identical to PayPal's, ranging from \\$0.49 (for purchases under \\$4.99) to 1.80% (for purchases from \\$200.01 to \\$1000).[\\[5\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-5) X Research source\n   Advertisement\n3. [![Step 3 Cash App.](https:\/\/www.wikihow.com\/images\/thumb\/5\/5e\/Buy-Bitcoins-Step-3-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-3-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-3-Version-8.jpg)\n   3\n   **Cash App.** If you want a way to buy Bitcoin easily from your phone or tablet but also want to dabble in cryptocurrency trading, Cash App is for you. Not only can you buy Bitcoin and other cryptocurrencies using [your Cash App balance](https:\/\/www.wikihow.com\/Check-My-Cash-App-Balance-by-Phone \"Check My Cash App Balance by Phone\"), you can also place advanced orders, such as buying Bitcoin only when it [hits a certain price](https:\/\/www.wikihow.com\/Invest-in-Bitcoin \"Invest in Bitcoin\"). To buy Bitcoin in Cash App, tap the Bitcoin tab, select **Buy BTC**, choose an amount, and then follow the on-screen instructions to purchase.\n   \n   - Cash App does charge a fee to purchase Bitcoin, which usually ranges from 1% to 2%. The fee varies depending on market conditions. Before you confirm your purchase, you'll see the fee amount.[\\[6\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-6) X Research source\n   - You can also send and receive Bitcoin from Cash App, as well as invest a certain percentage of each paycheck automatically.[\\[7\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-7) X Research source\n\nSection 2 of 7:\n\n### Using Stock Trading Apps\n\n[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n1. [![Step 1 Robinhood.](https:\/\/www.wikihow.com\/images\/thumb\/f\/f1\/Buy-Bitcoins-Step-4-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-4-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-4-Version-8.jpg)\n   1\n   **Robinhood.** Because buying and selling Bitcoin is so similar to [trading stocks](https:\/\/www.wikihow.life\/Begin-Trading-the-Markets), it fits in perfectly on Robinhood. Known as the app that made [buying stocks](https:\/\/www.wikihow.com\/Invest-on-Robinhood \"Invest on Robinhood\") more accessible to the average person, Robinhood allows you to buy and sell Bitcoin and other cryptocurrencies by placing market, limit, stop, and stop limit orders.[\\[8\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-8) X Research source     If that sounds too confusing, don't worry. If you just want to buy some Bitcoin to hang onto, just tap the magnifying glass and go to **Crypto** \\> **Bitcoin** \\> **Buy**, enter the amount you want to purchase, select **Market Order** if not already selected, and then confirm your purchase.[\\[9\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-9) X Research source\n   \n   - While it wasn't possible to do for a while, you can now transfer Bitcoin out of Robinhood to any address.[\\[10\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-10) X Research source\n   - Robinhood does not charge fees for buying and selling Bitcoin and other cryptocurrencies.[\\[11\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-11) X Research source\n2. [![Step 2 Fidelity.](https:\/\/www.wikihow.com\/images\/thumb\/6\/64\/Buy-Bitcoins-Step-5-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-5-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-5-Version-8.jpg)\n   2\n   **Fidelity.** If you have a Fidelity account for your stocks and other investments, you can use the Fidelity Investments mobile app to buy and sell Bitcoin. Like Robinhood, you can use Fidelity to place both market and [limit orders](https:\/\/www.wikihow.com\/Place-a-Limit-Order \"Place a Limit Order\"), sell, send, and receive Bitcoin in the app. To buy Bitcoin, select **Bitcoin** from the list of cryptocurrencies, choose your preferred order type, enter the amount you want to buy, and then follow the on-screen instructions to place your order.\n   \n   - There won't be a separate fee to buy Bitcoin on Fidelity, but the service does add a spread of up to 1% to the total cost of the order, which inflates the price.[\\[12\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-12) X Research source\n3. [![Step 3 Webull.](https:\/\/www.wikihow.com\/images\/thumb\/c\/c1\/Buy-Bitcoins-Step-6-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-6-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-6-Version-8.jpg)\n   3\n   **Webull.** Webull doesn't have the name recognition of big apps like Fidelity and Robinhood, but that doesn't mean it's not a great place to buy Bitcoin and other cryptocurrencies. This growing app supports stocks, cryptocurrency, options, and more, lets you place both market and limit orders, and is very user-friendly. However, unlike its competitors, you can't transfer your Bitcoin to another wallet or person—it has to stay in Webull. To buy Bitcoin on Webull, go to **Markets** \\> **Crypto**, select **Bitcoin**, choose your funding source, and then place your order.\n   \n   - Webull collects fees by applying a 100bps markup (1%) to each Bitcoin purchase. This inflates the price of the Bitcoin just enough to cover that amount without charging you a separate fee.[\\[13\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-13) X Research source     Once you sign up for Webull, you'll need to tap the menu icon and select **Crypto Trading** to request a cryptocurrency account. Once approved, add money to your Webull account, go to the **Market** tab, then go to **Crypto** \\> **Bitcoin**.\n\nSection 3 of 7:\n\n### Using an Exchange\n\n[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n1. [![Step 1 Choose an exchange.](https:\/\/www.wikihow.com\/images\/thumb\/8\/86\/Buy-Bitcoins-Step-7-Version-7.jpg\/v4-460px-Buy-Bitcoins-Step-7-Version-7.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-7-Version-7.jpg)\n   1\n   **Choose an exchange.** Buying Bitcoin through a centralized cryptocurrency exchange is a great option, especially if you're interested in trading other cryptocurrencies in a user-friendly setting. A cryptocurrency exchange works like any other currency exchange: You register, deposit your region's currency, and then trade it for Bitcoin. Exchanges also let you trade Bitcoin for other cryptocurrencies and send and receive them from your wallet. Centralized exchanges are a good option if you want to engage in regular trading and don’t need total anonymity.\n   \n   - Choosing the best exchange depends on where you are located and the type of currency you want to use to buy Bitcoin. Some of the more well-known exchange services include Coinbase, Kraken, Binance, Kucoin, Bitstamp, and Bitfinex.[\\[14\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-14) X Research source\n   - Some exchanges do not allow fiat (your regional currency) deposits. For example, if you want to use a decentralized exchange, you'll need another type of cryptocurrency to trade for Bitcoin instead of your region's currency. If you want to buy Bitcoin with your bank account, debit card, or credit card, avoid \"crypto-only\" exchanges.\n2. [![Step 2 Verify your account.](https:\/\/www.wikihow.com\/images\/thumb\/9\/9a\/Buy-Bitcoins-Step-8-Version-7.jpg\/v4-460px-Buy-Bitcoins-Step-8-Version-7.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-8-Version-7.jpg)\n   2\n   **Verify your account.** To use a centralized exchange, you'll need to provide proof of identity to the service—a process known as KYC (Know Your Customer) designed to meet anti-money laundering requirements. This process usually involves taking a photo of yourself holding up a sheet of paper that says the exchange's name and the date or sometimes holding up your identification. You'll also need to scan your government ID.\n   \n   - Though you must provide proof of your identity, exchanges do not provide the same protection that banks do. You are not protected against hackers or given reimbursement if the exchange goes out of business.\n3. [![Step 3 Connect a payment method.](https:\/\/www.wikihow.com\/images\/thumb\/1\/19\/Buy-Bitcoins-Step-9-Version-7.jpg\/v4-460px-Buy-Bitcoins-Step-9-Version-7.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-9-Version-7.jpg)\n   3\n   **Connect a payment method.** You'll need to deposit some cash to buy Bitcoin on an exchange. Most exchanges make it easy to link your bank account or debit card to transfer funds easily, while others only accept wire transfers. Follow your exchange's instructions to fund your account.\n4. [![Step 4 Buy Bitcoin.](https:\/\/www.wikihow.com\/images\/thumb\/3\/3f\/Buy-Bitcoins-Step-10-Version-7.jpg\/v4-460px-Buy-Bitcoins-Step-10-Version-7.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-10-Version-7.jpg)\n   4\n   **Buy Bitcoin.** Some exchanges, like Coinbase and Crypto.com, allow you to simply click or tap Bitcoin, enter an amount, and instantly make a purchase. Other exchanges are more like stock exchanges, where instead of choosing what you want and paying for it, you'll need to examine the charts and place a market or limit order. Either way, once you place your order, your Bitcoin will be deposited into your exchange wallet.\n   \n   - Centralized exchanges store your Bitcoin and fiat currency for you online so you can trade, sell, send, and receive Bitcoin and other tokens. However, most experts agree that you should send your Bitcoin to a [non-custodial wallet](https:\/\/www.wikihow.com\/Create-an-Online-Bitcoin-Wallet \"Create an Online Bitcoin Wallet\") rather than leaving your Bitcoin on an exchange—just in case the exchange goes bankrupt.\n\nSection 4 of 7:\n\n### Using Bitcoin ATMs\n\n[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n1. [![Step 1 Find a Bitcoin ATM near you.](https:\/\/www.wikihow.com\/images\/thumb\/4\/43\/Buy-Bitcoins-Step-11-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-11-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-11-Version-4.jpg)\n   1\n   **Find a Bitcoin ATM near you.** Now that Bitcoin is growing more popular, you can buy it at Bitcoin-specific ATMs. You'll often find these kiosks at malls, airports, universities, and convenience stores. To find the closest Bitcoin ATM, visit <https:\/\/coinatmradar.com\/> and enter your address.\n   \n   - While these ATMs initially allowed you to stay anonymous when buying Bitcoin, most now require you to provide identification—many even require you to scan your government ID. At the very least, you'll need to provide your phone number at most Bitcoin ATMs.[\\[15\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-15) X Research source\n   - If you haven't already created a Bitcoin wallet, [you'll need to do so](https:\/\/www.wikihow.com\/Buy-Bitcoins#How-to-Store-Your-Bitcoin) before using a Bitcoin ATM.\n2. [![Step 2 Sign in to the Bitcoin ATM with your phone number.](https:\/\/www.wikihow.com\/images\/thumb\/3\/31\/Buy-Bitcoins-Step-12-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-12-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-12-Version-4.jpg)\n   2\n   **Sign in to the Bitcoin ATM with your phone number.** To get started at most Bitcoin ATMs, you'll usually need to enter your phone number to verify your identity. Once you do this, you may be prompted to provide additional information.\n3. [![Step 3 Withdraw out cash from your bank account.](https:\/\/www.wikihow.com\/images\/thumb\/4\/44\/Buy-Bitcoins-Step-13-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-13-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-13-Version-4.jpg)\n   3\n   **Withdraw out cash from your bank account.** Most Bitcoin ATMs only accept cash, as they are not set up to process debit or credit card transactions.\n4. [![Step 4 Insert your cash into the ATM.](https:\/\/www.wikihow.com\/images\/thumb\/0\/0d\/Buy-Bitcoins-Step-14-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-14-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-14-Version-4.jpg)\n   4\n   **Insert your cash into the ATM.** Then, scan your mobile wallet QR code or access the codes needed from your account via your smartphone to load bitcoins onto your wallet.\n   \n   - Exchange rates at Bitcoin ATMS can vary from 3% to 8% on top of the standard exchange price.\n\nSection 5 of 7:\n\n### Buying Peer-to-Peer\n\n[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n1. [![Peer-to-peer Bitcoin transactions allow you to stay truly anonymous.](https:\/\/www.wikihow.com\/images\/thumb\/5\/52\/Buy-Bitcoins-Step-15-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-15-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-15-Version-4.jpg)\n   **Peer-to-peer Bitcoin transactions allow you to stay truly anonymous.** Unlike traditional exchanges, peer-to-peer exchanges allow users to trade cryptocurrencies with one another without providing any personal information. Some popular peer-to-peer exchanges are [Bisq](https:\/\/bisq.network\/), [Local Coin Swap](https:\/\/localcoinswap.com\/), [Hodl Hodl](https:\/\/hodlhodl.com\/), and [AgoraDesk](https:\/\/agoradesk.com\/).\n   \n   - You can also buy Bitcoin from someone in person. When you buy Bitcoins directly from another person, you'll need to give them your [wallet address](https:\/\/www.wikihow.com\/Buy-Bitcoins#How-to-Store-Your-Bitcoin) and payment in exchange for the agreed-upon amount. Just be careful about meeting random people who claim to be selling Bitcoin online, and always make sure the coins have been transferred into your wallet before paying the seller.\n   - You can check the current Bitcoin exchange rates online at <https:\/\/www.coingecko.com>.\n\nSection 6 of 7:\n\n### How to Store Your Bitcoin\n\n[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n1. [![Step 1 Create a Bitcoin wallet.](https:\/\/www.wikihow.com\/images\/thumb\/4\/42\/Buy-Bitcoins-Step-16-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-16-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-16-Version-4.jpg)\n   1\n   **Create a Bitcoin wallet.** If you buy Bitcoin through a service like Robinhood, PayPal, or Cash App, you don't *have to* create a separate wallet. But if you buy Bitcoins on an exchange, through a Bitcoin ATM, or via a person-to-person transaction, you'll want a Bitcoin wallet to store your private keys. There are two types of wallets:\n   \n   - **Custodial wallets:** When you use a custodial wallet, you're storing your [private keys](https:\/\/www.wikihow.life\/Keep-Your-Cryptocurrency-Safe) on a remote server run by a third party. These wallets are usually offered by cryptocurrency exchanges like Binance, [Coinbase](https:\/\/www.wikihow.tech\/Use-Coinbase), Kucoin, and Crypto.com. You can think of using a custodial wallet like depositing cash into a bank account. However, because Bitcoin is not insured like most banks, you risk losing your Bitcoin if the wallet provider goes bankrupt.\n   - **Non-custodial wallets:** With this type of wallet, you store the keys for your Bitcoin on your device, such as your computer, phone, tablet, hardware wallet, or even a [paper wallet](https:\/\/www.wikihow.com\/Store-Bitcoin-with-a-Paper-Wallet \"Store Bitcoin with a Paper Wallet\"). Non-custodial wallets include MetaMask, Trust Wallet, Electrum, Atomic Wallet, and hardware devices like Trezor and Ledger.\n2. [![Step 2 Get your wallet address.](https:\/\/www.wikihow.com\/images\/thumb\/4\/41\/Buy-Bitcoins-Step-17-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-17-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-17-Version-4.jpg)\n   2\n   **Get your wallet address.** If you create a wallet that isn't on a cryptocurrency exchange, you'll need access to your Bitcoin address to receive the Bitcoin you purchase. Look for a \"Receive\" or \"Deposit\" link in your Bitcoin wallet to find the long series of characters that make up your wallet address. When buying Bitcoin at a Bitcoin ATM, from a person directly, or on a decentralized exchange, you must provide this address during your purchase.\n   \n   - If you want to buy Bitcoin at Bitcoin ATMs, consider a Bitcoin wallet that supports deposits using a QR code like Electrum, [Trust Wallet](https:\/\/www.wikihow.com\/Sell-on-Trust-Wallet \"Sell on Trust Wallet\"), or Coinbase Wallet. Don't trust any online Bitcoin QR code generators, which are often scam sites.\n3. [![Step 3 Send Bitcoin to your wallet.](https:\/\/www.wikihow.com\/images\/thumb\/3\/35\/Buy-Bitcoins-Step-18-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-18-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-18-Version-4.jpg)\n   3\n   **Send Bitcoin to your wallet.** While some wallets have a built-in method to buy Bitcoin from their app or website, most just act as a holding place for your tokens. Once you purchase Bitcoin on an exchange or in a finance app, look for the \"send,\" \"transfer,\" or \"withdraw\" option, and enter your Bitcoin wallet address. If you're using a Bitcoin ATM, you can usually scan your wallet's QR code for a quick transfer.\n\nSection 7 of 7:\n\n### Advantages and Disadvantages\n\n[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n1. [![Step 1 Advantages.](https:\/\/www.wikihow.com\/images\/thumb\/b\/b1\/Buy-Bitcoins-Step-19-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-19-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-19-Version-4.jpg)\n   1\n   **Advantages.**\n   \n   - **Low fees:** Unlike traditional finance systems, whereby the system itself (like PayPal or a bank) is compensated with a fee, Bitcoin bypasses this entire system. The Bitcoin network is maintained by the \"miners,\" who are compensated with new Bitcoin.\n   - **Protection against fraud:** Because Bitcoin is digital, it cannot be counterfeited, which protects against payment fraud. In addition, transactions cannot be reversed by credit card chargebacks.\n   - **Immediate transfer and settlement.** Traditionally, when money is transferred, it involves significant delays, holds, or other hassles. The lack of a third party means that Bitcoin can be transferred directly between people without the complexities, delays, and fees associated with purchasing between parties using different currencies and providers.\n2. [![Step 2 Disadvantages.](https:\/\/www.wikihow.com\/images\/thumb\/b\/b9\/Buy-Bitcoins-Step-20-Version-3.jpg\/v4-460px-Buy-Bitcoins-Step-20-Version-3.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-20-Version-3.jpg)\n   2\n   **Disadvantages.**\n   \n   - **Financial safety.** With traditional banking, if someone makes a fraudulent transaction on your credit card or your bank goes belly-up, there are laws in place to limit your losses. Unlike banks, Bitcoin does not have a safety net in place if your Bitcoins are lost or stolen. There is no intermediary power to reimburse you for lost or stolen Bitcoins.\n   - **Security.** Bitcoin is not immune to hackers, and the average Bitcoin account is not completely secured against hacking or security breaches.\n   - **Price volatility.** The price of Bitcoin in dollars fluctuates wildly, often with no rhyme or reason. A bad news cycle could tank your investment. In addition, because Bitcoin's value is determined by supply and demand, should Bitcoin end up being subject to government regulation in any form, it could reduce the number of people who want to use Bitcoin, which could theoretically make the currency worthless.[\\[16\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-16) X Research source\n\n## Expert Q\\&A\nSearch\n\n[Add New Question]()\n\nAsk a Question\n\n200 characters left\n\nInclude your email address to get a message when this question is answered.\n\n[Submit]()\n\nAdvertisement\n## Video\n## Tips\n- Familiarize yourself with how to sell your Bitcoins as well.\n  Thanks\n  \n  [Helpful 4](https:\/\/www.wikihow.com\/Buy-Bitcoins)   [Not Helpful 0](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n- If buying Bitcoin in person, meet the seller in a busy public place. Avoid meeting in private homes. You should take all the precautions, especially if you carry cash to pay the seller for the coins.\n  Thanks\n  \n  [Helpful 2](https:\/\/www.wikihow.com\/Buy-Bitcoins)   [Not Helpful 1](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\nSubmit a Tip\n\nAll tip submissions are carefully reviewed before being published\n\nName\n\nPlease provide your name and last initial\n\n[Submit](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\nThanks for submitting a tip for review\\!\n\nAdvertisement\n\n## You Might Also Like\n[![Invest in Bitcoin](https:\/\/www.wikihow.com\/images\/thumb\/3\/39\/Invest-in-Bitcoin-Step-14-Version-2.jpg\/-crop-342-184-245px-Invest-in-Bitcoin-Step-14-Version-2.jpg.webp)A Quick-Start Guide to Buying Bitcoin (BTC) ![](https:\/\/www.wikihow.com\/images\/thumb\/3\/39\/Invest-in-Bitcoin-Step-14-Version-2.jpg\/-crop-342-184-245px-Invest-in-Bitcoin-Step-14-Version-2.jpg)](https:\/\/www.wikihow.com\/Invest-in-Bitcoin)\n\n[![Use 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![](https:\/\/www.wikihow.com\/images\/thumb\/3\/34\/Mine-Bitcoins-Step-13.jpg\/-crop-342-184-245px-Mine-Bitcoins-Step-13.jpg)](https:\/\/www.wikihow.com\/Mine-Bitcoin)\n\nAdvertisement\n\n## References\n1. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-1) <https:\/\/www.paypal.com\/us\/cshelp\/article\/how-do-i-get-started-with-cryptocurrency-with-paypal-help567>\n2. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-2) <https:\/\/www.paypal.com\/us\/cshelp\/article\/how-to-use-crypto-at-checkout-help571>\n3. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-3) <https:\/\/www.paypal.com\/us\/cshelp\/article\/how-do-i-transfer-my-crypto-help822>\n4. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-4) <https:\/\/help.venmo.com\/hc\/en-us\/articles\/360061922654-Buying-Cryptocurrency-on-Venmo>\n5. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-5) <https:\/\/venmo.com\/resources\/our-fees\/>\n6. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-6) <https:\/\/cash.app\/help\/us\/en-us\/3103-bitcoin-fees>\n7. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-7) <https:\/\/cash.app\/help\/us\/en-us\/3100-what-is-bitcoin>\n8. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-8)  <https:\/\/robinhood.com\/us\/en\/support\/articles\/crypto-buying-and-selling\/>\n9. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-9) <https:\/\/robinhood.com\/us\/en\/support\/articles\/buying-a-cryptocurrency\/>\n\n[More References (7)](https:\/\/www.wikihow.com\/Buy-Bitcoins#aiinfo)\n\n1. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-10) <https:\/\/robinhood.com\/us\/en\/support\/articles\/crypto-transfers\/>\n2. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-11) <https:\/\/robinhood.com\/us\/en\/support\/articles\/no-commission-crypto\/>\n3. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-12) <https:\/\/www.fidelity.com\/crypto\/overview>\n4. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-13) <https:\/\/cash.app\/help\/us\/en-us\/3103-bitcoin-fees>\n5. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-14) <https:\/\/coinmarketcap.com\/rankings\/exchanges\/>\n6. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-15) <https:\/\/cointelegraph.com\/learn\/articles\/bitcoin-atms-a-beginners-guide-to-bitcoin-teller-machines>\n7. [↑](https:\/\/www.wikihow.com\/Buy-Bitcoins#_ref-16) <https:\/\/www.investopedia.com\/terms\/b\/bitcoin.asp>\n\n## About This Article\n![Vinny Lingam](https:\/\/www.wikihow.com\/images\/thumb\/2\/21\/Vinny_Lingam.jpeg\/-crop-100-100-100px-Vinny_Lingam.jpeg)\n\nCo-authored by:\n\n[Vinny Lingam](https:\/\/www.wikihow.com\/Author\/Vinny-Lingam)\n\nBitcoin Specialist\n\nThis article was co-authored by [Vinny Lingam](https:\/\/www.wikihow.com\/Author\/Vinny-Lingam) and by wikiHow staff writer, [Nicole Levine, MFA](https:\/\/www.wikihow.com\/Author\/Nicole-Levine-MFA). Vinny Lingam is and investor and the CEO of Civic Technologies, a blockchain-powered identity protection and management startup. Vinny is known as the 'Bitcoin Oracle' amongst the cryptocurrency community. He was awarded the Top Young ICT Entrepreneur in Africa Award in 2006, was on the World Economic Forum for Young Global Leaders in 2009, and was voted one of the top 500 CEOs in the World in 2015. He is also an investor on Shark Tank South Africa. He has a BS in E-Commerce from the University of South Africa. This article has been viewed 621,344 times.\n\nHow helpful is this?\n\nCo-authors: 90\n\nUpdated: March 20, 2026\n\nViews: 621,344\n\nCategories: [Featured Articles](https:\/\/www.wikihow.com\/Category:Featured-Articles \"Category:Featured Articles\") \\| [Bitcoin](https:\/\/www.wikihow.com\/Category:Bitcoin \"Category:Bitcoin\") \\| [Computers and Electronics](https:\/\/www.wikihow.com\/Category:Computers-and-Electronics \"Category:Computers and Electronics\")\n\n[Article SummaryX](https:\/\/www.wikihow.com\/Buy-Bitcoins#summary_wrapper)\n\nIf you want to buy Bitcoins, you will need to set up an online storage site by either installing a wallet on your home computer or creating an account with a third party site. You can also store the key to your Bitcoins on a piece of paper printed with a code. Once you’ve set up your account, you can obtain Bitcoins by purchasing them through an exchange service, or you can purchase them from an individual Bitcoin seller. In some areas, you can even find Bitcoin ATMs where you can convert your Bitcoins into cash. To learn more about the risks and benefits of having Bitcoins, keep reading the article\\!\n\nDid this summary help you?\n\nYes\n\nNo\n\n[In other languages](https:\/\/www.wikihow.com\/Buy-Bitcoins#other_languages)\n\n[Spanish](https:\/\/es.wikihow.com\/comprar-bitcoins)\n\n[Russian](https:\/\/ru.wikihow.com\/%D0%BA%D1%83%D0%BF%D0%B8%D1%82%D1%8C-%D0%B1%D0%B8%D1%82%D0%BA%D0%BE%D0%B8%D0%BD%D1%8B)\n\n[Japanese](https:\/\/www.wikihow.jp\/%E3%83%93%E3%83%83%E3%83%88%E3%82%B3%E3%82%A4%E3%83%B3%E3%82%92%E8%B3%BC%E5%85%A5%E3%81%99%E3%82%8B)\n\n[Dutch](https:\/\/nl.wikihow.com\/Bitcoins-kopen)\n\n[Indonesian](https:\/\/id.wikihow.com\/Membeli-Bitcoin)\n\n[Korean](https:\/\/ko.wikihow.com\/%EB%B9%84%ED%8A%B8%EC%BD%94%EC%9D%B8-%EB%A7%A4%EC%9E%85%ED%95%98%EB%8A%94-%EB%B0%A9%EB%B2%95)\n\n[Vietnamese](https:\/\/www.wikihow.vn\/Mua-Bitcoin)\n\n[Italian](https:\/\/www.wikihow.it\/Acquistare-Bitcoin)\n\n[Chinese](https:\/\/zh.wikihow.com\/%E8%B4%AD%E4%B9%B0%E6%AF%94%E7%89%B9%E5%B8%81)\n\n[Thai](https:\/\/th.wikihow.com\/%E0%B8%8B%E0%B8%B7%E0%B9%89%E0%B8%AD%E0%B8%9A%E0%B8%B4%E0%B8%97%E0%B8%84%E0%B8%AD%E0%B8%A2%E0%B8%99%E0%B9%8C-\$%E0%B8%BABitcoin\$)\n\n[Arabic](https:\/\/ar.wikihow.com\/%D8%B4%D8%B1%D8%A7%D8%A1-%D8%A7%D9%84%D8%A8%D9%8A%D8%AA%D9%83%D9%88%D9%8A%D9%86)\n\n[Turkish](https:\/\/www.wikihow.com.tr\/Bitcoin-Nas%C4%B1l-Sat%C4%B1n-Al%C4%B1n%C4%B1r)\n\n- [Print](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n- [Send fan mail to authors](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\nThanks to all authors for creating a page that has been read 621,344 times.\n\n## Reader Success Stories\n- ![Kathleen O.](https:\/\/www.wikihow.com\/images\/thumb\/f\/f5\/CommunityAvatar4.png\/-crop-72-72-72px-CommunityAvatar4.png)\n  \n  Kathleen O.\n  \n  Aug 9, 2017\n  \"I didn't have any idea what Bitcoin was or how it worked, other than knowing it was some type of digital currency. The article explained it in easy-to-understand language and I also liked the explanation of upside and downsides. \"...\" [more](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n[More reader stories](https:\/\/www.wikihow.com\/Buy-Bitcoins) [Hide reader stories](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n[Share your story](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n## Is this article up to date?\nYes\n\nNo\n\n[![](https:\/\/www.wikihow.com\/images\/2\/2c\/Tech_v12_lexend_728x180.jpg)![](https:\/\/www.wikihow.com\/images\/2\/2c\/Tech_v12_lexend_728x180.jpg)](https:\/\/www.wikihow.com\/Tech-Help-Pro?utm_source=wikihow&utm_medium=bottom&utm_campaign=tech_v12_tech_v12_lexend)\n\nAdvertisement\n\nCookies make wikiHow better. By continuing to use our site, you agree to our [cookie policy](https:\/\/www.wikihow.com\/wikiHow:Cookie-Policy).\n\n![Vinny Lingam](https:\/\/www.wikihow.com\/images\/thumb\/2\/21\/Vinny_Lingam.jpeg\/-crop-100-100-100px-Vinny_Lingam.jpeg)\n\nCo-authored by:\n\n[Vinny Lingam](https:\/\/www.wikihow.com\/Author\/Vinny-Lingam)\n\nBitcoin Specialist\n\nClick a star to vote\n\nCo-authors: 90\n\nUpdated: March 20, 2026\n\nViews: 621,344\n\n![Kathleen O.](https:\/\/www.wikihow.com\/images\/thumb\/b\/b0\/CommunityAvatar2.png\/-crop-72-72-72px-CommunityAvatar2.png)\n\nKathleen O.\n\nAug 9, 2017\n\n\"I didn't have any idea what Bitcoin was or how it worked, other than knowing it was some type of digital currency. The article explained it in easy-to-understand language and I also liked the explanation of upside and downsides. \"...\" [more](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n![Haroon Rasheed](https:\/\/www.wikihow.com\/images\/thumb\/f\/f2\/CommunityAvatar3.png\/-crop-72-72-72px-CommunityAvatar3.png)\n\nHaroon Rasheed\n\nDec 10, 2017\n\n\"I found overall risk is there, but no risk, no return is also true. It's the fastest-growing currency. Just be sure to buy it safely, avoiding any scams.\"...\" [more](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n![Nontuthuzelo Yabo](https:\/\/www.wikihow.com\/images\/thumb\/f\/f2\/CommunityAvatar3.png\/-crop-72-72-72px-CommunityAvatar3.png)\n\nNontuthuzelo Yabo\n\nJan 16, 2018\n\n\"I always wanted to now more about bitcoin. I fully understand how it works now. I can also invest in it, it sounds good.\"...\" [more](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\nRated this article:\n\n![Jigar J.](https:\/\/www.wikihow.com\/images\/thumb\/f\/f5\/CommunityAvatar4.png\/-crop-72-72-72px-CommunityAvatar4.png)\n\nJigar J.\n\nOct 4, 2017\n\n\"The Bitcoin business is like treading in murky waters, but fortune favors the brave. So look well before you leap.\"\n\n![Kev Lipper](https:\/\/www.wikihow.com\/images\/thumb\/f\/f5\/CommunityAvatar4.png\/-crop-72-72-72px-CommunityAvatar4.png)\n\nKev Lipper\n\nJan 2, 2017\n\n\"I really didn't know anything about Bitcoins, but after reading this, I have a good 50,000-foot view of things.\"...\" [more](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n[Share yours\\!](https:\/\/www.wikihow.com\/Buy-Bitcoins) [More success stories](https:\/\/www.wikihow.com\/Buy-Bitcoins) [Hide success stories](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n### Quizzes & Games\n[![How Rich Will I Be Quiz](https:\/\/www.wikihow.com\/images\/thumb\/9\/95\/Retire-Rich-Step-11.jpg\/-crop-127-140-127px-Retire-Rich-Step-11.jpg.webp) How Rich Will I Be Quiz![](https:\/\/www.wikihow.com\/images\/thumb\/9\/95\/Retire-Rich-Step-11.jpg\/-crop-127-140-127px-Retire-Rich-Step-11.jpg)Take Quiz](https:\/\/www.wikihow.com\/Will-I-Be-Rich)\n\n[![Which BE@RBRICK Figure Am I 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4![](https:\/\/www.wikihow.com\/images\/thumb\/8\/84\/Dispatch-Brain-Teaser-Answers-Step-8.jpg\/-crop-127-140-127px-Dispatch-Brain-Teaser-Answers-Step-8.jpg)](https:\/\/www.wikihow.com\/Dispatch-Brain-Teaser-Answers)\n\n### Featured Videos\n[![](https:\/\/www.wikihow.com\/extensions\/wikihow\/homepage\/images\/youtube_play.svg)![](https:\/\/www.wikihow.com\/images\/thumb\/7\/7d\/Memorize-Lyrics-of-a-Song-Step-17-Version-2.jpg\/-crop-127-140-127px-Memorize-Lyrics-of-a-Song-Step-17-Version-2.jpg.webp) How to Remember Song Lyrics in a Day![](https:\/\/www.wikihow.com\/images\/thumb\/7\/7d\/Memorize-Lyrics-of-a-Song-Step-17-Version-2.jpg\/-crop-127-140-127px-Memorize-Lyrics-of-a-Song-Step-17-Version-2.jpg)](https:\/\/www.wikihow.com\/Memorize-Lyrics-of-a-Song#Video)\n\n[![](https:\/\/www.wikihow.com\/extensions\/wikihow\/homepage\/images\/youtube_play.svg)![](https:\/\/www.wikihow.com\/images\/thumb\/e\/e4\/Get-Rid-of-Flabby-Arms-Step-15.jpg\/-crop-127-140-127px-Get-Rid-of-Flabby-Arms-Step-15.jpg.webp) How to Get Rid of Flabby Arms![](https:\/\/www.wikihow.com\/images\/thumb\/e\/e4\/Get-Rid-of-Flabby-Arms-Step-15.jpg\/-crop-127-140-127px-Get-Rid-of-Flabby-Arms-Step-15.jpg)](https:\/\/www.wikihow.com\/Get-Rid-of-Flabby-Arms#Video)\n\n[![](https:\/\/www.wikihow.com\/extensions\/wikihow\/homepage\/images\/youtube_play.svg)![](https:\/\/www.wikihow.com\/images\/thumb\/c\/c1\/Clean-Copper-Step-22-Version-3.jpg\/-crop-127-140-127px-Clean-Copper-Step-22-Version-3.jpg.webp) How to Clean Copper![](https:\/\/www.wikihow.com\/images\/thumb\/c\/c1\/Clean-Copper-Step-22-Version-3.jpg\/-crop-127-140-127px-Clean-Copper-Step-22-Version-3.jpg)](https:\/\/www.wikihow.com\/Clean-Copper#Video)\n\n[![](https:\/\/www.wikihow.com\/extensions\/wikihow\/homepage\/images\/youtube_play.svg)![](https:\/\/www.wikihow.com\/images\/thumb\/9\/96\/Tell-if-a-Girl-Is-High-Maintenance-Step-11-Version-2.jpg\/-crop-127-140-127px-Tell-if-a-Girl-Is-High-Maintenance-Step-11-Version-2.jpg.png) How to Tell if a Girl Is High Maintenance![](https:\/\/www.wikihow.com\/images\/thumb\/9\/96\/Tell-if-a-Girl-Is-High-Maintenance-Step-11-Version-2.jpg\/-crop-127-140-127px-Tell-if-a-Girl-Is-High-Maintenance-Step-11-Version-2.jpg.png)](https:\/\/www.wikihow.com\/Tell-if-a-Girl-Is-High-Maintenance#Video)\n\n### Hot Takes 🔥 🔥 🔥\n[![](https:\/\/www.wikihow.com\/images\/thumb\/9\/94\/Eat-Spicy-Food-Step-2-Version-2.jpg\/-crop-127-140-127px-Eat-Spicy-Food-Step-2-Version-2.jpg.webp) Do You Agree With These Spicy Hot 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Please contact [support@wikihow.pro](mailto:support@wikihow.pro).\n\nSomething went wrong\n\n[Dismiss]()","attrs_readable_markdown":"[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\nThe beginner's guide to purchasing Bitcoin with your debit card or bank account\n\n[![PDF download](https:\/\/www.wikihow.com\/extensions\/wikihow\/socialstamp\/images\/icon-pdf.svg) Download Article](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\n- [Using Payment Apps](https:\/\/www.wikihow.com\/Buy-Bitcoins#Using-Payment-Apps)\n- [Using Stock Trading Apps](https:\/\/www.wikihow.com\/Buy-Bitcoins#Using-Stock-Trading-Apps)\n- [Using an Exchange](https:\/\/www.wikihow.com\/Buy-Bitcoins#Using-an-Exchange)\n- [Using Bitcoin ATMs](https:\/\/www.wikihow.com\/Buy-Bitcoins#Using-Bitcoin-ATMs)\n- [Buying Peer-to-Peer](https:\/\/www.wikihow.com\/Buy-Bitcoins#Buying-Peer-to-Peer)\n- [Storing Your Bitcoin](https:\/\/www.wikihow.com\/Buy-Bitcoins#How-to-Store-Your-Bitcoin)\n- [Advantages and Disadvantages](https:\/\/www.wikihow.com\/Buy-Bitcoins#Advantages-and-Disadvantages)\n- [Video](https:\/\/www.wikihow.com\/Buy-Bitcoins#Video)\n- [Tips](https:\/\/www.wikihow.com\/Buy-Bitcoins#tips)\n\nAre you thinking of investing in Bitcoin? Or maybe you want to use Bitcoin as an alternative currency to pay for goods or services. Either way, it's easier to buy Bitcoin safely now that Bitcoin has been more widely adopted. You can purchase Bitcoin using familiar apps like PayPal, Cash App, and Robinhood, order it on an exchange like stocks, or even buy it in person. In this article, we'll teach you the easiest and safest ways to buy and store Bitcoin.\n\n## Things You Should Know\n- The easiest way to buy Bitcoin is to use a digital payment app like Cash App, PayPal, or Venmo.\n- A cryptocurrency exchange makes it easy to trade cash for Bitcoin and other tokens and can also serve as a digital wallet.\n- You can also store Bitcoin in a separate cryptocurrency wallet. Wallets can be mobile apps, on the web, on hardware devices, and even on paper.\n\n1. [![Step 1 PayPal.](https:\/\/www.wikihow.com\/images\/thumb\/d\/d1\/Buy-Bitcoins-Step-1-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-1-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-1-Version-8.jpg)\n   If you have a PayPal account, buying Bitcoin is simple. Just tap the **Finances** icon in the PayPal app, tap **Crypto**, and select **Bitcoin** \\> **Buy**. Enter the amount you want to purchase (you can use your balance, linked bank account, or debit card), and follow the on-screen instructions to complete your payment.[\\[1\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-1)  Once you've bought Bitcoin, you can store it in your PayPal account, keep track of its price, and sell it for cash at any time. You can also use your Bitcoin to shop anywhere that accepts PayPal at checkout.[\\[2\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-2)\n   \n   - PayPal charges a small fee for Bitcoin purchases, ranging from \\$0.49 (for sales under \\$4.99) to 1.8% (purchases between \\$200.01 and \\$1000).\n   - If you prefer to keep your bitcoins in a [cryptocurrency wallet](https:\/\/www.wikihow.com\/Buy-Bitcoins#How-to-Store-Your-Bitcoin), you can send them from PayPal to your wallet's Bitcoin address.[\\[3\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-3)\n2. [![Step 2 Venmo.](https:\/\/www.wikihow.com\/images\/thumb\/f\/f5\/Buy-Bitcoins-Step-2-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-2-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-2-Version-8.jpg)\n   Like its big sibling PayPal, Venmo also makes it easy to [purchase Bitcoin](https:\/\/www.wikihow.life\/Buy-Bitcoin-on-Venmo) using your balance, debit card, or bank account. Unlike PayPal, you can't use Bitcoin to make purchases in Venmo—but you can buy, sell, send, and receive Bitcoins from within the app. To buy, just tap the **Crypto** tab, select **Bitcoin**, enter the amount, and follow the on-screen instructions to process your payment.[\\[4\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-4)  You can then store your Bitcoin in Venmo or transfer it to another wallet.\n   \n   - Venmo's fees are identical to PayPal's, ranging from \\$0.49 (for purchases under \\$4.99) to 1.80% (for purchases from \\$200.01 to \\$1000).[\\[5\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-5)\n   Advertisement\n3. [![Step 3 Cash App.](https:\/\/www.wikihow.com\/images\/thumb\/5\/5e\/Buy-Bitcoins-Step-3-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-3-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-3-Version-8.jpg)\n   If you want a way to buy Bitcoin easily from your phone or tablet but also want to dabble in cryptocurrency trading, Cash App is for you. Not only can you buy Bitcoin and other cryptocurrencies using [your Cash App balance](https:\/\/www.wikihow.com\/Check-My-Cash-App-Balance-by-Phone \"Check My Cash App Balance by Phone\"), you can also place advanced orders, such as buying Bitcoin only when it [hits a certain price](https:\/\/www.wikihow.com\/Invest-in-Bitcoin \"Invest in Bitcoin\"). To buy Bitcoin in Cash App, tap the Bitcoin tab, select **Buy BTC**, choose an amount, and then follow the on-screen instructions to purchase.\n   \n   - Cash App does charge a fee to purchase Bitcoin, which usually ranges from 1% to 2%. The fee varies depending on market conditions. Before you confirm your purchase, you'll see the fee amount.[\\[6\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-6)\n   - You can also send and receive Bitcoin from Cash App, as well as invest a certain percentage of each paycheck automatically.[\\[7\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-7)\n\n1. [![Step 1 Robinhood.](https:\/\/www.wikihow.com\/images\/thumb\/f\/f1\/Buy-Bitcoins-Step-4-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-4-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-4-Version-8.jpg)\n   Because buying and selling Bitcoin is so similar to [trading stocks](https:\/\/www.wikihow.life\/Begin-Trading-the-Markets), it fits in perfectly on Robinhood. Known as the app that made [buying stocks](https:\/\/www.wikihow.com\/Invest-on-Robinhood \"Invest on Robinhood\") more accessible to the average person, Robinhood allows you to buy and sell Bitcoin and other cryptocurrencies by placing market, limit, stop, and stop limit orders.[\\[8\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-8)  If that sounds too confusing, don't worry. If you just want to buy some Bitcoin to hang onto, just tap the magnifying glass and go to **Crypto** \\> **Bitcoin** \\> **Buy**, enter the amount you want to purchase, select **Market Order** if not already selected, and then confirm your purchase.[\\[9\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-9)\n   \n   - While it wasn't possible to do for a while, you can now transfer Bitcoin out of Robinhood to any address.[\\[10\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-10)\n   - Robinhood does not charge fees for buying and selling Bitcoin and other cryptocurrencies.[\\[11\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-11)\n2. [![Step 2 Fidelity.](https:\/\/www.wikihow.com\/images\/thumb\/6\/64\/Buy-Bitcoins-Step-5-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-5-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-5-Version-8.jpg)\n   If you have a Fidelity account for your stocks and other investments, you can use the Fidelity Investments mobile app to buy and sell Bitcoin. Like Robinhood, you can use Fidelity to place both market and [limit orders](https:\/\/www.wikihow.com\/Place-a-Limit-Order \"Place a Limit Order\"), sell, send, and receive Bitcoin in the app. To buy Bitcoin, select **Bitcoin** from the list of cryptocurrencies, choose your preferred order type, enter the amount you want to buy, and then follow the on-screen instructions to place your order.\n   \n   - There won't be a separate fee to buy Bitcoin on Fidelity, but the service does add a spread of up to 1% to the total cost of the order, which inflates the price.[\\[12\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-12)\n3. [![Step 3 Webull.](https:\/\/www.wikihow.com\/images\/thumb\/c\/c1\/Buy-Bitcoins-Step-6-Version-8.jpg\/v4-460px-Buy-Bitcoins-Step-6-Version-8.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-6-Version-8.jpg)\n   Webull doesn't have the name recognition of big apps like Fidelity and Robinhood, but that doesn't mean it's not a great place to buy Bitcoin and other cryptocurrencies. This growing app supports stocks, cryptocurrency, options, and more, lets you place both market and limit orders, and is very user-friendly. However, unlike its competitors, you can't transfer your Bitcoin to another wallet or person—it has to stay in Webull. To buy Bitcoin on Webull, go to **Markets** \\> **Crypto**, select **Bitcoin**, choose your funding source, and then place your order.\n   \n   - Webull collects fees by applying a 100bps markup (1%) to each Bitcoin purchase. This inflates the price of the Bitcoin just enough to cover that amount without charging you a separate fee.[\\[13\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-13)  Once you sign up for Webull, you'll need to tap the menu icon and select **Crypto Trading** to request a cryptocurrency account. Once approved, add money to your Webull account, go to the **Market** tab, then go to **Crypto** \\> **Bitcoin**.\n\n1. [![Step 1 Choose an exchange.](https:\/\/www.wikihow.com\/images\/thumb\/8\/86\/Buy-Bitcoins-Step-7-Version-7.jpg\/v4-460px-Buy-Bitcoins-Step-7-Version-7.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-7-Version-7.jpg)\n   Buying Bitcoin through a centralized cryptocurrency exchange is a great option, especially if you're interested in trading other cryptocurrencies in a user-friendly setting. A cryptocurrency exchange works like any other currency exchange: You register, deposit your region's currency, and then trade it for Bitcoin. Exchanges also let you trade Bitcoin for other cryptocurrencies and send and receive them from your wallet. Centralized exchanges are a good option if you want to engage in regular trading and don’t need total anonymity.\n   \n   - Choosing the best exchange depends on where you are located and the type of currency you want to use to buy Bitcoin. Some of the more well-known exchange services include Coinbase, Kraken, Binance, Kucoin, Bitstamp, and Bitfinex.[\\[14\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-14)\n   - Some exchanges do not allow fiat (your regional currency) deposits. For example, if you want to use a decentralized exchange, you'll need another type of cryptocurrency to trade for Bitcoin instead of your region's currency. If you want to buy Bitcoin with your bank account, debit card, or credit card, avoid \"crypto-only\" exchanges.\n2. [![Step 2 Verify your account.](https:\/\/www.wikihow.com\/images\/thumb\/9\/9a\/Buy-Bitcoins-Step-8-Version-7.jpg\/v4-460px-Buy-Bitcoins-Step-8-Version-7.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-8-Version-7.jpg)\n   To use a centralized exchange, you'll need to provide proof of identity to the service—a process known as KYC (Know Your Customer) designed to meet anti-money laundering requirements. This process usually involves taking a photo of yourself holding up a sheet of paper that says the exchange's name and the date or sometimes holding up your identification. You'll also need to scan your government ID.\n   \n   - Though you must provide proof of your identity, exchanges do not provide the same protection that banks do. You are not protected against hackers or given reimbursement if the exchange goes out of business.\n3. [![Step 3 Connect a payment method.](https:\/\/www.wikihow.com\/images\/thumb\/1\/19\/Buy-Bitcoins-Step-9-Version-7.jpg\/v4-460px-Buy-Bitcoins-Step-9-Version-7.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-9-Version-7.jpg)\n   You'll need to deposit some cash to buy Bitcoin on an exchange. Most exchanges make it easy to link your bank account or debit card to transfer funds easily, while others only accept wire transfers. Follow your exchange's instructions to fund your account.\n4. [![Step 4 Buy Bitcoin.](https:\/\/www.wikihow.com\/images\/thumb\/3\/3f\/Buy-Bitcoins-Step-10-Version-7.jpg\/v4-460px-Buy-Bitcoins-Step-10-Version-7.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-10-Version-7.jpg)\n   Some exchanges, like Coinbase and Crypto.com, allow you to simply click or tap Bitcoin, enter an amount, and instantly make a purchase. Other exchanges are more like stock exchanges, where instead of choosing what you want and paying for it, you'll need to examine the charts and place a market or limit order. Either way, once you place your order, your Bitcoin will be deposited into your exchange wallet.\n   \n   - Centralized exchanges store your Bitcoin and fiat currency for you online so you can trade, sell, send, and receive Bitcoin and other tokens. However, most experts agree that you should send your Bitcoin to a [non-custodial wallet](https:\/\/www.wikihow.com\/Create-an-Online-Bitcoin-Wallet \"Create an Online Bitcoin Wallet\") rather than leaving your Bitcoin on an exchange—just in case the exchange goes bankrupt.\n\n1. [![Step 1 Find a Bitcoin ATM near you.](https:\/\/www.wikihow.com\/images\/thumb\/4\/43\/Buy-Bitcoins-Step-11-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-11-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-11-Version-4.jpg)\n   Now that Bitcoin is growing more popular, you can buy it at Bitcoin-specific ATMs. You'll often find these kiosks at malls, airports, universities, and convenience stores. To find the closest Bitcoin ATM, visit <https:\/\/coinatmradar.com\/> and enter your address.\n   \n   - While these ATMs initially allowed you to stay anonymous when buying Bitcoin, most now require you to provide identification—many even require you to scan your government ID. At the very least, you'll need to provide your phone number at most Bitcoin ATMs.[\\[15\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-15)\n   - If you haven't already created a Bitcoin wallet, [you'll need to do so](https:\/\/www.wikihow.com\/Buy-Bitcoins#How-to-Store-Your-Bitcoin) before using a Bitcoin ATM.\n2. [![Step 2 Sign in to the Bitcoin ATM with your phone number.](https:\/\/www.wikihow.com\/images\/thumb\/3\/31\/Buy-Bitcoins-Step-12-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-12-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-12-Version-4.jpg)\n   To get started at most Bitcoin ATMs, you'll usually need to enter your phone number to verify your identity. Once you do this, you may be prompted to provide additional information.\n3. [![Step 3 Withdraw out cash from your bank account.](https:\/\/www.wikihow.com\/images\/thumb\/4\/44\/Buy-Bitcoins-Step-13-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-13-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-13-Version-4.jpg)\n   Most Bitcoin ATMs only accept cash, as they are not set up to process debit or credit card transactions.\n4. [![Step 4 Insert your cash into the ATM.](https:\/\/www.wikihow.com\/images\/thumb\/0\/0d\/Buy-Bitcoins-Step-14-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-14-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-14-Version-4.jpg)\n   Then, scan your mobile wallet QR code or access the codes needed from your account via your smartphone to load bitcoins onto your wallet.\n   \n   - Exchange rates at Bitcoin ATMS can vary from 3% to 8% on top of the standard exchange price.\n\n1. [![Peer-to-peer Bitcoin transactions allow you to stay truly anonymous.](https:\/\/www.wikihow.com\/images\/thumb\/5\/52\/Buy-Bitcoins-Step-15-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-15-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-15-Version-4.jpg)\n   Unlike traditional exchanges, peer-to-peer exchanges allow users to trade cryptocurrencies with one another without providing any personal information. Some popular peer-to-peer exchanges are [Bisq](https:\/\/bisq.network\/), [Local Coin Swap](https:\/\/localcoinswap.com\/), [Hodl Hodl](https:\/\/hodlhodl.com\/), and [AgoraDesk](https:\/\/agoradesk.com\/).\n   \n   - You can also buy Bitcoin from someone in person. When you buy Bitcoins directly from another person, you'll need to give them your [wallet address](https:\/\/www.wikihow.com\/Buy-Bitcoins#How-to-Store-Your-Bitcoin) and payment in exchange for the agreed-upon amount. Just be careful about meeting random people who claim to be selling Bitcoin online, and always make sure the coins have been transferred into your wallet before paying the seller.\n   - You can check the current Bitcoin exchange rates online at [https:\/\/www.coingecko.com](https:\/\/www.coingecko.com\/).\n\n1. [![Step 1 Create a Bitcoin wallet.](https:\/\/www.wikihow.com\/images\/thumb\/4\/42\/Buy-Bitcoins-Step-16-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-16-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-16-Version-4.jpg)\n   If you buy Bitcoin through a service like Robinhood, PayPal, or Cash App, you don't *have to* create a separate wallet. But if you buy Bitcoins on an exchange, through a Bitcoin ATM, or via a person-to-person transaction, you'll want a Bitcoin wallet to store your private keys. There are two types of wallets:\n   \n   - **Custodial wallets:** When you use a custodial wallet, you're storing your [private keys](https:\/\/www.wikihow.life\/Keep-Your-Cryptocurrency-Safe) on a remote server run by a third party. These wallets are usually offered by cryptocurrency exchanges like Binance, [Coinbase](https:\/\/www.wikihow.tech\/Use-Coinbase), Kucoin, and Crypto.com. You can think of using a custodial wallet like depositing cash into a bank account. However, because Bitcoin is not insured like most banks, you risk losing your Bitcoin if the wallet provider goes bankrupt.\n   - **Non-custodial wallets:** With this type of wallet, you store the keys for your Bitcoin on your device, such as your computer, phone, tablet, hardware wallet, or even a [paper wallet](https:\/\/www.wikihow.com\/Store-Bitcoin-with-a-Paper-Wallet \"Store Bitcoin with a Paper Wallet\"). Non-custodial wallets include MetaMask, Trust Wallet, Electrum, Atomic Wallet, and hardware devices like Trezor and Ledger.\n2. [![Step 2 Get your wallet address.](https:\/\/www.wikihow.com\/images\/thumb\/4\/41\/Buy-Bitcoins-Step-17-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-17-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-17-Version-4.jpg)\n   If you create a wallet that isn't on a cryptocurrency exchange, you'll need access to your Bitcoin address to receive the Bitcoin you purchase. Look for a \"Receive\" or \"Deposit\" link in your Bitcoin wallet to find the long series of characters that make up your wallet address. When buying Bitcoin at a Bitcoin ATM, from a person directly, or on a decentralized exchange, you must provide this address during your purchase.\n   \n   - If you want to buy Bitcoin at Bitcoin ATMs, consider a Bitcoin wallet that supports deposits using a QR code like Electrum, [Trust Wallet](https:\/\/www.wikihow.com\/Sell-on-Trust-Wallet \"Sell on Trust Wallet\"), or Coinbase Wallet. Don't trust any online Bitcoin QR code generators, which are often scam sites.\n3. [![Step 3 Send Bitcoin to your wallet.](https:\/\/www.wikihow.com\/images\/thumb\/3\/35\/Buy-Bitcoins-Step-18-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-18-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-18-Version-4.jpg)\n   While some wallets have a built-in method to buy Bitcoin from their app or website, most just act as a holding place for your tokens. Once you purchase Bitcoin on an exchange or in a finance app, look for the \"send,\" \"transfer,\" or \"withdraw\" option, and enter your Bitcoin wallet address. If you're using a Bitcoin ATM, you can usually scan your wallet's QR code for a quick transfer.\n\n1. [![Step 1 Advantages.](https:\/\/www.wikihow.com\/images\/thumb\/b\/b1\/Buy-Bitcoins-Step-19-Version-4.jpg\/v4-460px-Buy-Bitcoins-Step-19-Version-4.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-19-Version-4.jpg)\n   - **Low fees:** Unlike traditional finance systems, whereby the system itself (like PayPal or a bank) is compensated with a fee, Bitcoin bypasses this entire system. The Bitcoin network is maintained by the \"miners,\" who are compensated with new Bitcoin.\n   - **Protection against fraud:** Because Bitcoin is digital, it cannot be counterfeited, which protects against payment fraud. In addition, transactions cannot be reversed by credit card chargebacks.\n   - **Immediate transfer and settlement.** Traditionally, when money is transferred, it involves significant delays, holds, or other hassles. The lack of a third party means that Bitcoin can be transferred directly between people without the complexities, delays, and fees associated with purchasing between parties using different currencies and providers.\n2. [![Step 2 Disadvantages.](https:\/\/www.wikihow.com\/images\/thumb\/b\/b9\/Buy-Bitcoins-Step-20-Version-3.jpg\/v4-460px-Buy-Bitcoins-Step-20-Version-3.jpg)](https:\/\/www.wikihow.com\/Buy-Bitcoins#\/Image:Buy-Bitcoins-Step-20-Version-3.jpg)\n   - **Financial safety.** With traditional banking, if someone makes a fraudulent transaction on your credit card or your bank goes belly-up, there are laws in place to limit your losses. Unlike banks, Bitcoin does not have a safety net in place if your Bitcoins are lost or stolen. There is no intermediary power to reimburse you for lost or stolen Bitcoins.\n   - **Security.** Bitcoin is not immune to hackers, and the average Bitcoin account is not completely secured against hacking or security breaches.\n   - **Price volatility.** The price of Bitcoin in dollars fluctuates wildly, often with no rhyme or reason. A bad news cycle could tank your investment. In addition, because Bitcoin's value is determined by supply and demand, should Bitcoin end up being subject to government regulation in any form, it could reduce the number of people who want to use Bitcoin, which could theoretically make the currency worthless.[\\[16\\]](https:\/\/www.wikihow.com\/Buy-Bitcoins#_note-16)\n\nAsk a Question\n\n200 characters left\n\nInclude your email address to get a message when this question is answered.\n\n[Submit]()\n\nAdvertisement\n## Video\n- Familiarize yourself with how to sell your Bitcoins as well.\n  Thanks\n- If buying Bitcoin in person, meet the seller in a busy public place. Avoid meeting in private homes. You should take all the precautions, especially if you carry cash to pay the seller for the coins.\n  Thanks\n\nThanks for submitting a tip for review\\!\n\nAdvertisement\n## References\nAbout This Article\n\n[Article SummaryX](https:\/\/www.wikihow.com\/Buy-Bitcoins#summary_wrapper)\n\nIf you want to buy Bitcoins, you will need to set up an online storage site by either installing a wallet on your home computer or creating an account with a third party site. You can also store the key to your Bitcoins on a piece of paper printed with a code. Once you’ve set up your account, you can obtain Bitcoins by purchasing them through an exchange service, or you can purchase them from an individual Bitcoin seller. In some areas, you can even find Bitcoin ATMs where you can convert your Bitcoins into cash. To learn more about the risks and benefits of having Bitcoins, keep reading the article\\!\n\nDid this summary help you?\n\nThanks to all authors for creating a page that has been read 621,344 times.\n\nReader Success Stories\n\n- ![Kathleen O.](https:\/\/www.wikihow.com\/images\/thumb\/f\/f5\/CommunityAvatar4.png\/-crop-72-72-72px-CommunityAvatar4.png)\n  \n  Kathleen O.\n  \n  Aug 9, 2017\n  \"I didn't have any idea what Bitcoin was or how it worked, other than knowing it was some type of digital...\" [more](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n## Is this article up to date?\n\nwikiHow Tech Help Pro:\n\nLevel up your tech skills and stay ahead of the curve\n\n[Let's go\\!](https:\/\/www.wikihow.com\/Tech-Help-Pro)\n\n[X](https:\/\/www.wikihow.com\/Buy-Bitcoins)\n\nFor over two decades, we’ve been on a mission: to help everyone in the world learn how to do anything. Our articles are human written and expert endorsed to ensure readers like you get reliable, current information. **Before you get back to learning, we would be grateful if you could take a minute to support wikiHow. Any amount helps. Thank you.**\n\n\\-\n\n\\-\n\n![](https:\/\/sb.scorecardresearch.com\/p?c1=2&c2=8003466&cv=3.9.1&cj=1)","meta_canonical":null}

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Meta Title	How to Buy Bitcoin: 5 Beginner-Friendly Options
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Boilerpipe Text	Download Article The beginner's guide to purchasing Bitcoin with your debit card or bank account Download Article Using Payment Apps \| Using Stock Trading Apps \| Using an Exchange \| Using Bitcoin ATMs \| Buying Peer-to-Peer \| Storing Your Bitcoin \| Advantages and Disadvantages \| Video \| Tips Are you thinking of investing in Bitcoin? Or maybe you want to use Bitcoin as an alternative currency to pay for goods or services. Either way, it's easier to buy Bitcoin safely now that Bitcoin has been more widely adopted. You can purchase Bitcoin using familiar apps like PayPal, Cash App, and Robinhood, order it on an exchange like stocks, or even buy it in person. In this article, we'll teach you the easiest and safest ways to buy and store Bitcoin. Things You Should Know The easiest way to buy Bitcoin is to use a digital payment app like Cash App, PayPal, or Venmo. A cryptocurrency exchange makes it easy to trade cash for Bitcoin and other tokens and can also serve as a digital wallet. You can also store Bitcoin in a separate cryptocurrency wallet. Wallets can be mobile apps, on the web, on hardware devices, and even on paper. If you have a PayPal account, buying Bitcoin is simple. Just tap the Finances icon in the PayPal app, tap Crypto , and select Bitcoin > Buy . Enter the amount you want to purchase (you can use your balance, linked bank account, or debit card), and follow the on-screen instructions to complete your payment. [1] Once you've bought Bitcoin, you can store it in your PayPal account, keep track of its price, and sell it for cash at any time. You can also use your Bitcoin to shop anywhere that accepts PayPal at checkout. [2] PayPal charges a small fee for Bitcoin purchases, ranging from $0.49 (for sales under $4.99) to 1.8% (purchases between $200.01 and $1000). If you prefer to keep your bitcoins in a cryptocurrency wallet , you can send them from PayPal to your wallet's Bitcoin address. [3] Like its big sibling PayPal, Venmo also makes it easy to purchase Bitcoin using your balance, debit card, or bank account. Unlike PayPal, you can't use Bitcoin to make purchases in Venmo—but you can buy, sell, send, and receive Bitcoins from within the app. To buy, just tap the Crypto tab, select Bitcoin , enter the amount, and follow the on-screen instructions to process your payment. [4] You can then store your Bitcoin in Venmo or transfer it to another wallet. Venmo's fees are identical to PayPal's, ranging from $0.49 (for purchases under $4.99) to 1.80% (for purchases from $200.01 to $1000). [5] Advertisement If you want a way to buy Bitcoin easily from your phone or tablet but also want to dabble in cryptocurrency trading, Cash App is for you. Not only can you buy Bitcoin and other cryptocurrencies using your Cash App balance , you can also place advanced orders, such as buying Bitcoin only when it hits a certain price . To buy Bitcoin in Cash App, tap the Bitcoin tab, select Buy BTC , choose an amount, and then follow the on-screen instructions to purchase. Cash App does charge a fee to purchase Bitcoin, which usually ranges from 1% to 2%. The fee varies depending on market conditions. Before you confirm your purchase, you'll see the fee amount. [6] You can also send and receive Bitcoin from Cash App, as well as invest a certain percentage of each paycheck automatically. [7] Advertisement Because buying and selling Bitcoin is so similar to trading stocks , it fits in perfectly on Robinhood. Known as the app that made buying stocks more accessible to the average person, Robinhood allows you to buy and sell Bitcoin and other cryptocurrencies by placing market, limit, stop, and stop limit orders. [8] If that sounds too confusing, don't worry. If you just want to buy some Bitcoin to hang onto, just tap the magnifying glass and go to Crypto > Bitcoin > Buy , enter the amount you want to purchase, select Market Order if not already selected, and then confirm your purchase. [9] While it wasn't possible to do for a while, you can now transfer Bitcoin out of Robinhood to any address. [10] Robinhood does not charge fees for buying and selling Bitcoin and other cryptocurrencies. [11] If you have a Fidelity account for your stocks and other investments, you can use the Fidelity Investments mobile app to buy and sell Bitcoin. Like Robinhood, you can use Fidelity to place both market and limit orders , sell, send, and receive Bitcoin in the app. To buy Bitcoin, select Bitcoin from the list of cryptocurrencies, choose your preferred order type, enter the amount you want to buy, and then follow the on-screen instructions to place your order. There won't be a separate fee to buy Bitcoin on Fidelity, but the service does add a spread of up to 1% to the total cost of the order, which inflates the price. [12] Webull doesn't have the name recognition of big apps like Fidelity and Robinhood, but that doesn't mean it's not a great place to buy Bitcoin and other cryptocurrencies. This growing app supports stocks, cryptocurrency, options, and more, lets you place both market and limit orders, and is very user-friendly. However, unlike its competitors, you can't transfer your Bitcoin to another wallet or person—it has to stay in Webull. To buy Bitcoin on Webull, go to Markets > Crypto , select Bitcoin , choose your funding source, and then place your order. Webull collects fees by applying a 100bps markup (1%) to each Bitcoin purchase. This inflates the price of the Bitcoin just enough to cover that amount without charging you a separate fee. [13] Once you sign up for Webull, you'll need to tap the menu icon and select Crypto Trading to request a cryptocurrency account. Once approved, add money to your Webull account, go to the Market tab, then go to Crypto > Bitcoin . Advertisement Buying Bitcoin through a centralized cryptocurrency exchange is a great option, especially if you're interested in trading other cryptocurrencies in a user-friendly setting. A cryptocurrency exchange works like any other currency exchange: You register, deposit your region's currency, and then trade it for Bitcoin. Exchanges also let you trade Bitcoin for other cryptocurrencies and send and receive them from your wallet. Centralized exchanges are a good option if you want to engage in regular trading and don’t need total anonymity. Choosing the best exchange depends on where you are located and the type of currency you want to use to buy Bitcoin. Some of the more well-known exchange services include Coinbase, Kraken, Binance, Kucoin, Bitstamp, and Bitfinex. [14] Some exchanges do not allow fiat (your regional currency) deposits. For example, if you want to use a decentralized exchange, you'll need another type of cryptocurrency to trade for Bitcoin instead of your region's currency. If you want to buy Bitcoin with your bank account, debit card, or credit card, avoid "crypto-only" exchanges. To use a centralized exchange, you'll need to provide proof of identity to the service—a process known as KYC (Know Your Customer) designed to meet anti-money laundering requirements. This process usually involves taking a photo of yourself holding up a sheet of paper that says the exchange's name and the date or sometimes holding up your identification. You'll also need to scan your government ID. Though you must provide proof of your identity, exchanges do not provide the same protection that banks do. You are not protected against hackers or given reimbursement if the exchange goes out of business. You'll need to deposit some cash to buy Bitcoin on an exchange. Most exchanges make it easy to link your bank account or debit card to transfer funds easily, while others only accept wire transfers. Follow your exchange's instructions to fund your account. Some exchanges, like Coinbase and Crypto.com, allow you to simply click or tap Bitcoin, enter an amount, and instantly make a purchase. Other exchanges are more like stock exchanges, where instead of choosing what you want and paying for it, you'll need to examine the charts and place a market or limit order. Either way, once you place your order, your Bitcoin will be deposited into your exchange wallet. Centralized exchanges store your Bitcoin and fiat currency for you online so you can trade, sell, send, and receive Bitcoin and other tokens. However, most experts agree that you should send your Bitcoin to a non-custodial wallet rather than leaving your Bitcoin on an exchange—just in case the exchange goes bankrupt. Advertisement Now that Bitcoin is growing more popular, you can buy it at Bitcoin-specific ATMs. You'll often find these kiosks at malls, airports, universities, and convenience stores. To find the closest Bitcoin ATM, visit https://coinatmradar.com/ and enter your address. While these ATMs initially allowed you to stay anonymous when buying Bitcoin, most now require you to provide identification—many even require you to scan your government ID. At the very least, you'll need to provide your phone number at most Bitcoin ATMs. [15] If you haven't already created a Bitcoin wallet, you'll need to do so before using a Bitcoin ATM. To get started at most Bitcoin ATMs, you'll usually need to enter your phone number to verify your identity. Once you do this, you may be prompted to provide additional information. Most Bitcoin ATMs only accept cash, as they are not set up to process debit or credit card transactions. Then, scan your mobile wallet QR code or access the codes needed from your account via your smartphone to load bitcoins onto your wallet. Exchange rates at Bitcoin ATMS can vary from 3% to 8% on top of the standard exchange price. Advertisement Unlike traditional exchanges, peer-to-peer exchanges allow users to trade cryptocurrencies with one another without providing any personal information. Some popular peer-to-peer exchanges are Bisq , Local Coin Swap , Hodl Hodl , and AgoraDesk . You can also buy Bitcoin from someone in person. When you buy Bitcoins directly from another person, you'll need to give them your wallet address and payment in exchange for the agreed-upon amount. Just be careful about meeting random people who claim to be selling Bitcoin online, and always make sure the coins have been transferred into your wallet before paying the seller. You can check the current Bitcoin exchange rates online at https://www.coingecko.com . If you buy Bitcoin through a service like Robinhood, PayPal, or Cash App, you don't have to create a separate wallet. But if you buy Bitcoins on an exchange, through a Bitcoin ATM, or via a person-to-person transaction, you'll want a Bitcoin wallet to store your private keys. There are two types of wallets: Custodial wallets: When you use a custodial wallet, you're storing your private keys on a remote server run by a third party. These wallets are usually offered by cryptocurrency exchanges like Binance, Coinbase , Kucoin, and Crypto.com. You can think of using a custodial wallet like depositing cash into a bank account. However, because Bitcoin is not insured like most banks, you risk losing your Bitcoin if the wallet provider goes bankrupt. Non-custodial wallets: With this type of wallet, you store the keys for your Bitcoin on your device, such as your computer, phone, tablet, hardware wallet, or even a paper wallet . Non-custodial wallets include MetaMask, Trust Wallet, Electrum, Atomic Wallet, and hardware devices like Trezor and Ledger. If you create a wallet that isn't on a cryptocurrency exchange, you'll need access to your Bitcoin address to receive the Bitcoin you purchase. Look for a "Receive" or "Deposit" link in your Bitcoin wallet to find the long series of characters that make up your wallet address. When buying Bitcoin at a Bitcoin ATM, from a person directly, or on a decentralized exchange, you must provide this address during your purchase. If you want to buy Bitcoin at Bitcoin ATMs, consider a Bitcoin wallet that supports deposits using a QR code like Electrum, Trust Wallet , or Coinbase Wallet. Don't trust any online Bitcoin QR code generators, which are often scam sites. While some wallets have a built-in method to buy Bitcoin from their app or website, most just act as a holding place for your tokens. Once you purchase Bitcoin on an exchange or in a finance app, look for the "send," "transfer," or "withdraw" option, and enter your Bitcoin wallet address. If you're using a Bitcoin ATM, you can usually scan your wallet's QR code for a quick transfer. Advertisement Low fees: Unlike traditional finance systems, whereby the system itself (like PayPal or a bank) is compensated with a fee, Bitcoin bypasses this entire system. The Bitcoin network is maintained by the "miners," who are compensated with new Bitcoin. Protection against fraud: Because Bitcoin is digital, it cannot be counterfeited, which protects against payment fraud. In addition, transactions cannot be reversed by credit card chargebacks. Immediate transfer and settlement. Traditionally, when money is transferred, it involves significant delays, holds, or other hassles. The lack of a third party means that Bitcoin can be transferred directly between people without the complexities, delays, and fees associated with purchasing between parties using different currencies and providers. Financial safety. With traditional banking, if someone makes a fraudulent transaction on your credit card or your bank goes belly-up, there are laws in place to limit your losses. Unlike banks, Bitcoin does not have a safety net in place if your Bitcoins are lost or stolen. There is no intermediary power to reimburse you for lost or stolen Bitcoins. Security. Bitcoin is not immune to hackers, and the average Bitcoin account is not completely secured against hacking or security breaches. Price volatility. The price of Bitcoin in dollars fluctuates wildly, often with no rhyme or reason. A bad news cycle could tank your investment. In addition, because Bitcoin's value is determined by supply and demand, should Bitcoin end up being subject to government regulation in any form, it could reduce the number of people who want to use Bitcoin, which could theoretically make the currency worthless. [16] Advertisement Ask a Question 200 characters left Include your email address to get a message when this question is answered. Submit Advertisement Video Familiarize yourself with how to sell your Bitcoins as well. Thanks If buying Bitcoin in person, meet the seller in a busy public place. Avoid meeting in private homes. You should take all the precautions, especially if you carry cash to pay the seller for the coins. Thanks Thanks for submitting a tip for review! Advertisement References About This Article Article Summary X If you want to buy Bitcoins, you will need to set up an online storage site by either installing a wallet on your home computer or creating an account with a third party site. You can also store the key to your Bitcoins on a piece of paper printed with a code. Once you’ve set up your account, you can obtain Bitcoins by purchasing them through an exchange service, or you can purchase them from an individual Bitcoin seller. In some areas, you can even find Bitcoin ATMs where you can convert your Bitcoins into cash. To learn more about the risks and benefits of having Bitcoins, keep reading the article! Did this summary help you? Thanks to all authors for creating a page that has been read 621,344 times. Reader Success Stories Kathleen O. Aug 9, 2017 "I didn't have any idea what Bitcoin was or how it worked, other than knowing it was some type of digital ..." more Is this article up to date? wikiHow Tech Help Pro: Level up your tech skills and stay ahead of the curve Let's go! X For over two decades, we’ve been on a mission: to help everyone in the world learn how to do anything. Our articles are human written and expert endorsed to ensure readers like you get reliable, current information. Before you get back to learning, we would be grateful if you could take a minute to support wikiHow. Any amount helps. Thank you. - -
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Learn why people trust wikiHow](https://www.wikihow.com/wikiHow:Delivering-a-Trustworthy-Experience) - [Categories](https://www.wikihow.com/Special:CategoryListing "Special:CategoryListing") - [Computers and Electronics](https://www.wikihow.com/Category:Computers-and-Electronics "Category:Computers and Electronics") # [How to Buy Bitcoins: Easy & Trustworthy Options + Tips](https://www.wikihow.com/Buy-Bitcoins) [![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) The beginner's guide to purchasing Bitcoin with your debit card or bank account Co-authored by [Vinny Lingam](https://www.wikihow.com/Author/Vinny-Lingam) and [Nicole Levine, MFA](https://www.wikihow.com/Author/Nicole-Levine-MFA) [Last Updated: March 20, 2026](https://www.wikihow.com/Buy-Bitcoins) [Fact Checked](https://www.wikihow.com/Buy-Bitcoins) [![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) - [Using Payment Apps](https://www.wikihow.com/Buy-Bitcoins#Using-Payment-Apps) - [Using Stock Trading Apps](https://www.wikihow.com/Buy-Bitcoins#Using-Stock-Trading-Apps) - [Using an Exchange](https://www.wikihow.com/Buy-Bitcoins#Using-an-Exchange) - [Using Bitcoin ATMs](https://www.wikihow.com/Buy-Bitcoins#Using-Bitcoin-ATMs) - [Buying Peer-to-Peer](https://www.wikihow.com/Buy-Bitcoins#Buying-Peer-to-Peer) - [Storing Your Bitcoin](https://www.wikihow.com/Buy-Bitcoins#How-to-Store-Your-Bitcoin) - [Advantages and Disadvantages](https://www.wikihow.com/Buy-Bitcoins#Advantages-and-Disadvantages) - [Video](https://www.wikihow.com/Buy-Bitcoins#Video) - [Tips](https://www.wikihow.com/Buy-Bitcoins#tips) \\|Show more \\|Show less X This article was co-authored by [Vinny Lingam](https://www.wikihow.com/Author/Vinny-Lingam) and by wikiHow staff writer, [Nicole Levine, MFA](https://www.wikihow.com/Author/Nicole-Levine-MFA). Vinny Lingam is and investor and the CEO of Civic Technologies, a blockchain-powered identity protection and management startup. Vinny is known as the 'Bitcoin Oracle' amongst the cryptocurrency community. He was awarded the Top Young ICT Entrepreneur in Africa Award in 2006, was on the World Economic Forum for Young Global Leaders in 2009, and was voted one of the top 500 CEOs in the World in 2015. He is also an investor on Shark Tank South Africa. He has a BS in E-Commerce from the University of South Africa. There are [15 references](https://www.wikihow.com/Buy-Bitcoins#References) cited in this article, which can be found at the bottom of the page. This article has been fact-checked, ensuring the accuracy of any cited facts and confirming the authority of its sources. This article has been viewed 621,344 times. Are you thinking of investing in Bitcoin? Or maybe you want to use Bitcoin as an alternative currency to pay for goods or services. Either way, it's easier to buy Bitcoin safely now that Bitcoin has been more widely adopted. You can purchase Bitcoin using familiar apps like PayPal, Cash App, and Robinhood, order it on an exchange like stocks, or even buy it in person. In this article, we'll teach you the easiest and safest ways to buy and store Bitcoin. ## Things You Should Know - The easiest way to buy Bitcoin is to use a digital payment app like Cash App, PayPal, or Venmo. - A cryptocurrency exchange makes it easy to trade cash for Bitcoin and other tokens and can also serve as a digital wallet. - You can also store Bitcoin in a separate cryptocurrency wallet. Wallets can be mobile apps, on the web, on hardware devices, and even on paper. ## Steps Section 1 of 7: ### Using Payment Apps [![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) 1. [![Step 1 PayPal.](https://www.wikihow.com/images/thumb/d/d1/Buy-Bitcoins-Step-1-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-1-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-1-Version-8.jpg) 1 PayPal. If you have a PayPal account, buying Bitcoin is simple. Just tap the Finances icon in the PayPal app, tap Crypto, and select Bitcoin \> Buy. Enter the amount you want to purchase (you can use your balance, linked bank account, or debit card), and follow the on-screen instructions to complete your payment.[\[1\]](https://www.wikihow.com/Buy-Bitcoins#_note-1) X Research source Once you've bought Bitcoin, you can store it in your PayPal account, keep track of its price, and sell it for cash at any time. You can also use your Bitcoin to shop anywhere that accepts PayPal at checkout.[\[2\]](https://www.wikihow.com/Buy-Bitcoins#_note-2) X Research source - PayPal charges a small fee for Bitcoin purchases, ranging from \$0.49 (for sales under \$4.99) to 1.8% (purchases between \$200.01 and \$1000). - If you prefer to keep your bitcoins in a [cryptocurrency wallet](https://www.wikihow.com/Buy-Bitcoins#How-to-Store-Your-Bitcoin), you can send them from PayPal to your wallet's Bitcoin address.[\[3\]](https://www.wikihow.com/Buy-Bitcoins#_note-3) X Research source 2. [![Step 2 Venmo.](https://www.wikihow.com/images/thumb/f/f5/Buy-Bitcoins-Step-2-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-2-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-2-Version-8.jpg) 2 Venmo. Like its big sibling PayPal, Venmo also makes it easy to [purchase Bitcoin](https://www.wikihow.life/Buy-Bitcoin-on-Venmo) using your balance, debit card, or bank account. Unlike PayPal, you can't use Bitcoin to make purchases in Venmo—but you can buy, sell, send, and receive Bitcoins from within the app. To buy, just tap the Crypto tab, select Bitcoin, enter the amount, and follow the on-screen instructions to process your payment.[\[4\]](https://www.wikihow.com/Buy-Bitcoins#_note-4) X Research source You can then store your Bitcoin in Venmo or transfer it to another wallet. - Venmo's fees are identical to PayPal's, ranging from \$0.49 (for purchases under \$4.99) to 1.80% (for purchases from \$200.01 to \$1000).[\[5\]](https://www.wikihow.com/Buy-Bitcoins#_note-5) X Research source Advertisement 3. [![Step 3 Cash App.](https://www.wikihow.com/images/thumb/5/5e/Buy-Bitcoins-Step-3-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-3-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-3-Version-8.jpg) 3 Cash App. If you want a way to buy Bitcoin easily from your phone or tablet but also want to dabble in cryptocurrency trading, Cash App is for you. Not only can you buy Bitcoin and other cryptocurrencies using [your Cash App balance](https://www.wikihow.com/Check-My-Cash-App-Balance-by-Phone "Check My Cash App Balance by Phone"), you can also place advanced orders, such as buying Bitcoin only when it [hits a certain price](https://www.wikihow.com/Invest-in-Bitcoin "Invest in Bitcoin"). To buy Bitcoin in Cash App, tap the Bitcoin tab, select Buy BTC, choose an amount, and then follow the on-screen instructions to purchase. - Cash App does charge a fee to purchase Bitcoin, which usually ranges from 1% to 2%. The fee varies depending on market conditions. Before you confirm your purchase, you'll see the fee amount.[\[6\]](https://www.wikihow.com/Buy-Bitcoins#_note-6) X Research source - You can also send and receive Bitcoin from Cash App, as well as invest a certain percentage of each paycheck automatically.[\[7\]](https://www.wikihow.com/Buy-Bitcoins#_note-7) X Research source Section 2 of 7: ### Using Stock Trading Apps [![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) 1. [![Step 1 Robinhood.](https://www.wikihow.com/images/thumb/f/f1/Buy-Bitcoins-Step-4-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-4-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-4-Version-8.jpg) 1 Robinhood. Because buying and selling Bitcoin is so similar to [trading stocks](https://www.wikihow.life/Begin-Trading-the-Markets), it fits in perfectly on Robinhood. Known as the app that made [buying stocks](https://www.wikihow.com/Invest-on-Robinhood "Invest on Robinhood") more accessible to the average person, Robinhood allows you to buy and sell Bitcoin and other cryptocurrencies by placing market, limit, stop, and stop limit orders.[\[8\]](https://www.wikihow.com/Buy-Bitcoins#_note-8) X Research source If that sounds too confusing, don't worry. If you just want to buy some Bitcoin to hang onto, just tap the magnifying glass and go to Crypto \> Bitcoin \> Buy, enter the amount you want to purchase, select Market Order if not already selected, and then confirm your purchase.[\[9\]](https://www.wikihow.com/Buy-Bitcoins#_note-9) X Research source - While it wasn't possible to do for a while, you can now transfer Bitcoin out of Robinhood to any address.[\[10\]](https://www.wikihow.com/Buy-Bitcoins#_note-10) X Research source - Robinhood does not charge fees for buying and selling Bitcoin and other cryptocurrencies.[\[11\]](https://www.wikihow.com/Buy-Bitcoins#_note-11) X Research source 2. [![Step 2 Fidelity.](https://www.wikihow.com/images/thumb/6/64/Buy-Bitcoins-Step-5-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-5-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-5-Version-8.jpg) 2 Fidelity. If you have a Fidelity account for your stocks and other investments, you can use the Fidelity Investments mobile app to buy and sell Bitcoin. Like Robinhood, you can use Fidelity to place both market and [limit orders](https://www.wikihow.com/Place-a-Limit-Order "Place a Limit Order"), sell, send, and receive Bitcoin in the app. To buy Bitcoin, select Bitcoin from the list of cryptocurrencies, choose your preferred order type, enter the amount you want to buy, and then follow the on-screen instructions to place your order. - There won't be a separate fee to buy Bitcoin on Fidelity, but the service does add a spread of up to 1% to the total cost of the order, which inflates the price.[\[12\]](https://www.wikihow.com/Buy-Bitcoins#_note-12) X Research source 3. [![Step 3 Webull.](https://www.wikihow.com/images/thumb/c/c1/Buy-Bitcoins-Step-6-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-6-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-6-Version-8.jpg) 3 Webull. Webull doesn't have the name recognition of big apps like Fidelity and Robinhood, but that doesn't mean it's not a great place to buy Bitcoin and other cryptocurrencies. This growing app supports stocks, cryptocurrency, options, and more, lets you place both market and limit orders, and is very user-friendly. However, unlike its competitors, you can't transfer your Bitcoin to another wallet or person—it has to stay in Webull. To buy Bitcoin on Webull, go to Markets \> Crypto, select Bitcoin, choose your funding source, and then place your order. - Webull collects fees by applying a 100bps markup (1%) to each Bitcoin purchase. This inflates the price of the Bitcoin just enough to cover that amount without charging you a separate fee.[\[13\]](https://www.wikihow.com/Buy-Bitcoins#_note-13) X Research source Once you sign up for Webull, you'll need to tap the menu icon and select Crypto Trading to request a cryptocurrency account. Once approved, add money to your Webull account, go to the Market tab, then go to Crypto \> Bitcoin. Section 3 of 7: ### Using an Exchange [![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) 1. [![Step 1 Choose an exchange.](https://www.wikihow.com/images/thumb/8/86/Buy-Bitcoins-Step-7-Version-7.jpg/v4-460px-Buy-Bitcoins-Step-7-Version-7.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-7-Version-7.jpg) 1 Choose an exchange. Buying Bitcoin through a centralized cryptocurrency exchange is a great option, especially if you're interested in trading other cryptocurrencies in a user-friendly setting. A cryptocurrency exchange works like any other currency exchange: You register, deposit your region's currency, and then trade it for Bitcoin. Exchanges also let you trade Bitcoin for other cryptocurrencies and send and receive them from your wallet. Centralized exchanges are a good option if you want to engage in regular trading and don’t need total anonymity. - Choosing the best exchange depends on where you are located and the type of currency you want to use to buy Bitcoin. Some of the more well-known exchange services include Coinbase, Kraken, Binance, Kucoin, Bitstamp, and Bitfinex.[\[14\]](https://www.wikihow.com/Buy-Bitcoins#_note-14) X Research source - Some exchanges do not allow fiat (your regional currency) deposits. For example, if you want to use a decentralized exchange, you'll need another type of cryptocurrency to trade for Bitcoin instead of your region's currency. If you want to buy Bitcoin with your bank account, debit card, or credit card, avoid "crypto-only" exchanges. 2. [![Step 2 Verify your account.](https://www.wikihow.com/images/thumb/9/9a/Buy-Bitcoins-Step-8-Version-7.jpg/v4-460px-Buy-Bitcoins-Step-8-Version-7.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-8-Version-7.jpg) 2 Verify your account. To use a centralized exchange, you'll need to provide proof of identity to the service—a process known as KYC (Know Your Customer) designed to meet anti-money laundering requirements. This process usually involves taking a photo of yourself holding up a sheet of paper that says the exchange's name and the date or sometimes holding up your identification. You'll also need to scan your government ID. - Though you must provide proof of your identity, exchanges do not provide the same protection that banks do. You are not protected against hackers or given reimbursement if the exchange goes out of business. 3. [![Step 3 Connect a payment method.](https://www.wikihow.com/images/thumb/1/19/Buy-Bitcoins-Step-9-Version-7.jpg/v4-460px-Buy-Bitcoins-Step-9-Version-7.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-9-Version-7.jpg) 3 Connect a payment method. You'll need to deposit some cash to buy Bitcoin on an exchange. Most exchanges make it easy to link your bank account or debit card to transfer funds easily, while others only accept wire transfers. Follow your exchange's instructions to fund your account. 4. [![Step 4 Buy Bitcoin.](https://www.wikihow.com/images/thumb/3/3f/Buy-Bitcoins-Step-10-Version-7.jpg/v4-460px-Buy-Bitcoins-Step-10-Version-7.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-10-Version-7.jpg) 4 Buy Bitcoin. Some exchanges, like Coinbase and Crypto.com, allow you to simply click or tap Bitcoin, enter an amount, and instantly make a purchase. Other exchanges are more like stock exchanges, where instead of choosing what you want and paying for it, you'll need to examine the charts and place a market or limit order. Either way, once you place your order, your Bitcoin will be deposited into your exchange wallet. - Centralized exchanges store your Bitcoin and fiat currency for you online so you can trade, sell, send, and receive Bitcoin and other tokens. However, most experts agree that you should send your Bitcoin to a [non-custodial wallet](https://www.wikihow.com/Create-an-Online-Bitcoin-Wallet "Create an Online Bitcoin Wallet") rather than leaving your Bitcoin on an exchange—just in case the exchange goes bankrupt. Section 4 of 7: ### Using Bitcoin ATMs [![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) 1. [![Step 1 Find a Bitcoin ATM near you.](https://www.wikihow.com/images/thumb/4/43/Buy-Bitcoins-Step-11-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-11-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-11-Version-4.jpg) 1 Find a Bitcoin ATM near you. Now that Bitcoin is growing more popular, you can buy it at Bitcoin-specific ATMs. You'll often find these kiosks at malls, airports, universities, and convenience stores. To find the closest Bitcoin ATM, visit <https://coinatmradar.com/> and enter your address. - While these ATMs initially allowed you to stay anonymous when buying Bitcoin, most now require you to provide identification—many even require you to scan your government ID. At the very least, you'll need to provide your phone number at most Bitcoin ATMs.[\[15\]](https://www.wikihow.com/Buy-Bitcoins#_note-15) X Research source - If you haven't already created a Bitcoin wallet, [you'll need to do so](https://www.wikihow.com/Buy-Bitcoins#How-to-Store-Your-Bitcoin) before using a Bitcoin ATM. 2. [![Step 2 Sign in to the Bitcoin ATM with your phone number.](https://www.wikihow.com/images/thumb/3/31/Buy-Bitcoins-Step-12-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-12-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-12-Version-4.jpg) 2 Sign in to the Bitcoin ATM with your phone number. To get started at most Bitcoin ATMs, you'll usually need to enter your phone number to verify your identity. Once you do this, you may be prompted to provide additional information. 3. [![Step 3 Withdraw out cash from your bank account.](https://www.wikihow.com/images/thumb/4/44/Buy-Bitcoins-Step-13-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-13-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-13-Version-4.jpg) 3 Withdraw out cash from your bank account. Most Bitcoin ATMs only accept cash, as they are not set up to process debit or credit card transactions. 4. [![Step 4 Insert your cash into the ATM.](https://www.wikihow.com/images/thumb/0/0d/Buy-Bitcoins-Step-14-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-14-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-14-Version-4.jpg) 4 Insert your cash into the ATM. Then, scan your mobile wallet QR code or access the codes needed from your account via your smartphone to load bitcoins onto your wallet. - Exchange rates at Bitcoin ATMS can vary from 3% to 8% on top of the standard exchange price. Section 5 of 7: ### Buying Peer-to-Peer [![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) 1. [![Peer-to-peer Bitcoin transactions allow you to stay truly anonymous.](https://www.wikihow.com/images/thumb/5/52/Buy-Bitcoins-Step-15-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-15-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-15-Version-4.jpg) Peer-to-peer Bitcoin transactions allow you to stay truly anonymous. Unlike traditional exchanges, peer-to-peer exchanges allow users to trade cryptocurrencies with one another without providing any personal information. Some popular peer-to-peer exchanges are [Bisq](https://bisq.network/), [Local Coin Swap](https://localcoinswap.com/), [Hodl Hodl](https://hodlhodl.com/), and [AgoraDesk](https://agoradesk.com/). - You can also buy Bitcoin from someone in person. When you buy Bitcoins directly from another person, you'll need to give them your [wallet address](https://www.wikihow.com/Buy-Bitcoins#How-to-Store-Your-Bitcoin) and payment in exchange for the agreed-upon amount. Just be careful about meeting random people who claim to be selling Bitcoin online, and always make sure the coins have been transferred into your wallet before paying the seller. - You can check the current Bitcoin exchange rates online at <https://www.coingecko.com>. Section 6 of 7: ### How to Store Your Bitcoin [![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) 1. [![Step 1 Create a Bitcoin wallet.](https://www.wikihow.com/images/thumb/4/42/Buy-Bitcoins-Step-16-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-16-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-16-Version-4.jpg) 1 Create a Bitcoin wallet. If you buy Bitcoin through a service like Robinhood, PayPal, or Cash App, you don't have to create a separate wallet. But if you buy Bitcoins on an exchange, through a Bitcoin ATM, or via a person-to-person transaction, you'll want a Bitcoin wallet to store your private keys. There are two types of wallets: - Custodial wallets: When you use a custodial wallet, you're storing your [private keys](https://www.wikihow.life/Keep-Your-Cryptocurrency-Safe) on a remote server run by a third party. These wallets are usually offered by cryptocurrency exchanges like Binance, [Coinbase](https://www.wikihow.tech/Use-Coinbase), Kucoin, and Crypto.com. You can think of using a custodial wallet like depositing cash into a bank account. However, because Bitcoin is not insured like most banks, you risk losing your Bitcoin if the wallet provider goes bankrupt. - Non-custodial wallets: With this type of wallet, you store the keys for your Bitcoin on your device, such as your computer, phone, tablet, hardware wallet, or even a [paper wallet](https://www.wikihow.com/Store-Bitcoin-with-a-Paper-Wallet "Store Bitcoin with a Paper Wallet"). Non-custodial wallets include MetaMask, Trust Wallet, Electrum, Atomic Wallet, and hardware devices like Trezor and Ledger. 2. [![Step 2 Get your wallet address.](https://www.wikihow.com/images/thumb/4/41/Buy-Bitcoins-Step-17-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-17-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-17-Version-4.jpg) 2 Get your wallet address. If you create a wallet that isn't on a cryptocurrency exchange, you'll need access to your Bitcoin address to receive the Bitcoin you purchase. Look for a "Receive" or "Deposit" link in your Bitcoin wallet to find the long series of characters that make up your wallet address. When buying Bitcoin at a Bitcoin ATM, from a person directly, or on a decentralized exchange, you must provide this address during your purchase. - If you want to buy Bitcoin at Bitcoin ATMs, consider a Bitcoin wallet that supports deposits using a QR code like Electrum, [Trust Wallet](https://www.wikihow.com/Sell-on-Trust-Wallet "Sell on Trust Wallet"), or Coinbase Wallet. Don't trust any online Bitcoin QR code generators, which are often scam sites. 3. [![Step 3 Send Bitcoin to your wallet.](https://www.wikihow.com/images/thumb/3/35/Buy-Bitcoins-Step-18-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-18-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-18-Version-4.jpg) 3 Send Bitcoin to your wallet. While some wallets have a built-in method to buy Bitcoin from their app or website, most just act as a holding place for your tokens. Once you purchase Bitcoin on an exchange or in a finance app, look for the "send," "transfer," or "withdraw" option, and enter your Bitcoin wallet address. If you're using a Bitcoin ATM, you can usually scan your wallet's QR code for a quick transfer. Section 7 of 7: ### Advantages and Disadvantages [![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) 1. [![Step 1 Advantages.](https://www.wikihow.com/images/thumb/b/b1/Buy-Bitcoins-Step-19-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-19-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-19-Version-4.jpg) 1 Advantages. - Low fees: Unlike traditional finance systems, whereby the system itself (like PayPal or a bank) is compensated with a fee, Bitcoin bypasses this entire system. The Bitcoin network is maintained by the "miners," who are compensated with new Bitcoin. - Protection against fraud: Because Bitcoin is digital, it cannot be counterfeited, which protects against payment fraud. In addition, transactions cannot be reversed by credit card chargebacks. - Immediate transfer and settlement. Traditionally, when money is transferred, it involves significant delays, holds, or other hassles. The lack of a third party means that Bitcoin can be transferred directly between people without the complexities, delays, and fees associated with purchasing between parties using different currencies and providers. 2. [![Step 2 Disadvantages.](https://www.wikihow.com/images/thumb/b/b9/Buy-Bitcoins-Step-20-Version-3.jpg/v4-460px-Buy-Bitcoins-Step-20-Version-3.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-20-Version-3.jpg) 2 Disadvantages. - Financial safety. With traditional banking, if someone makes a fraudulent transaction on your credit card or your bank goes belly-up, there are laws in place to limit your losses. Unlike banks, Bitcoin does not have a safety net in place if your Bitcoins are lost or stolen. There is no intermediary power to reimburse you for lost or stolen Bitcoins. - Security. Bitcoin is not immune to hackers, and the average Bitcoin account is not completely secured against hacking or security breaches. - Price volatility. The price of Bitcoin in dollars fluctuates wildly, often with no rhyme or reason. A bad news cycle could tank your investment. In addition, because Bitcoin's value is determined by supply and demand, should Bitcoin end up being subject to government regulation in any form, it could reduce the number of people who want to use Bitcoin, which could theoretically make the currency worthless.[\[16\]](https://www.wikihow.com/Buy-Bitcoins#_note-16) X Research source ## Expert Q\&A Search [Add New Question]() Ask a Question 200 characters left Include your email address to get a message when this question is answered. [Submit]() Advertisement ## Video ## Tips - Familiarize yourself with how to sell your Bitcoins as well. Thanks [Helpful 4](https://www.wikihow.com/Buy-Bitcoins) [Not Helpful 0](https://www.wikihow.com/Buy-Bitcoins) - If buying Bitcoin in person, meet the seller in a busy public place. Avoid meeting in private homes. You should take all the precautions, especially if you carry cash to pay the seller for the coins. Thanks [Helpful 2](https://www.wikihow.com/Buy-Bitcoins) [Not Helpful 1](https://www.wikihow.com/Buy-Bitcoins) Submit a Tip All tip submissions are carefully reviewed before being published Name Please provide your name and last initial [Submit](https://www.wikihow.com/Buy-Bitcoins) Thanks for submitting a tip for review\! 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[↑](https://www.wikihow.com/Buy-Bitcoins#_ref-1) <https://www.paypal.com/us/cshelp/article/how-do-i-get-started-with-cryptocurrency-with-paypal-help567> 2. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-2) <https://www.paypal.com/us/cshelp/article/how-to-use-crypto-at-checkout-help571> 3. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-3) <https://www.paypal.com/us/cshelp/article/how-do-i-transfer-my-crypto-help822> 4. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-4) <https://help.venmo.com/hc/en-us/articles/360061922654-Buying-Cryptocurrency-on-Venmo> 5. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-5) <https://venmo.com/resources/our-fees/> 6. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-6) <https://cash.app/help/us/en-us/3103-bitcoin-fees> 7. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-7) <https://cash.app/help/us/en-us/3100-what-is-bitcoin> 8. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-8) <https://robinhood.com/us/en/support/articles/crypto-buying-and-selling/> 9. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-9) <https://robinhood.com/us/en/support/articles/buying-a-cryptocurrency/> [More References (7)](https://www.wikihow.com/Buy-Bitcoins#aiinfo) 1. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-10) <https://robinhood.com/us/en/support/articles/crypto-transfers/> 2. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-11) <https://robinhood.com/us/en/support/articles/no-commission-crypto/> 3. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-12) <https://www.fidelity.com/crypto/overview> 4. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-13) <https://cash.app/help/us/en-us/3103-bitcoin-fees> 5. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-14) <https://coinmarketcap.com/rankings/exchanges/> 6. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-15) <https://cointelegraph.com/learn/articles/bitcoin-atms-a-beginners-guide-to-bitcoin-teller-machines> 7. [↑](https://www.wikihow.com/Buy-Bitcoins#_ref-16) <https://www.investopedia.com/terms/b/bitcoin.asp> ## About This Article ![Vinny Lingam](https://www.wikihow.com/images/thumb/2/21/Vinny_Lingam.jpeg/-crop-100-100-100px-Vinny_Lingam.jpeg) Co-authored by: [Vinny Lingam](https://www.wikihow.com/Author/Vinny-Lingam) Bitcoin Specialist This article was co-authored by [Vinny Lingam](https://www.wikihow.com/Author/Vinny-Lingam) and by wikiHow staff writer, [Nicole Levine, MFA](https://www.wikihow.com/Author/Nicole-Levine-MFA). Vinny Lingam is and investor and the CEO of Civic Technologies, a blockchain-powered identity protection and management startup. Vinny is known as the 'Bitcoin Oracle' amongst the cryptocurrency community. He was awarded the Top Young ICT Entrepreneur in Africa Award in 2006, was on the World Economic Forum for Young Global Leaders in 2009, and was voted one of the top 500 CEOs in the World in 2015. He is also an investor on Shark Tank South Africa. He has a BS in E-Commerce from the University of South Africa. This article has been viewed 621,344 times. How helpful is this? Co-authors: 90 Updated: March 20, 2026 Views: 621,344 Categories: [Featured Articles](https://www.wikihow.com/Category:Featured-Articles "Category:Featured Articles") \\| [Bitcoin](https://www.wikihow.com/Category:Bitcoin "Category:Bitcoin") \\| [Computers and Electronics](https://www.wikihow.com/Category:Computers-and-Electronics "Category:Computers and Electronics") [Article SummaryX](https://www.wikihow.com/Buy-Bitcoins#summary_wrapper) If you want to buy Bitcoins, you will need to set up an online storage site by either installing a wallet on your home computer or creating an account with a third party site. You can also store the key to your Bitcoins on a piece of paper printed with a code. Once you’ve set up your account, you can obtain Bitcoins by purchasing them through an exchange service, or you can purchase them from an individual Bitcoin seller. In some areas, you can even find Bitcoin ATMs where you can convert your Bitcoins into cash. To learn more about the risks and benefits of having Bitcoins, keep reading the article\! Did this summary help you? 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Aug 9, 2017 "I didn't have any idea what Bitcoin was or how it worked, other than knowing it was some type of digital currency. The article explained it in easy-to-understand language and I also liked the explanation of upside and downsides. "..." [more](https://www.wikihow.com/Buy-Bitcoins) [More reader stories](https://www.wikihow.com/Buy-Bitcoins) [Hide reader stories](https://www.wikihow.com/Buy-Bitcoins) [Share your story](https://www.wikihow.com/Buy-Bitcoins) ## Is this article up to date? Yes No [![](https://www.wikihow.com/images/2/2c/Tech_v12_lexend_728x180.jpg)![](https://www.wikihow.com/images/2/2c/Tech_v12_lexend_728x180.jpg)](https://www.wikihow.com/Tech-Help-Pro?utm_source=wikihow&utm_medium=bottom&utm_campaign=tech_v12_tech_v12_lexend) Advertisement Cookies make wikiHow better. By continuing to use our site, you agree to our [cookie policy](https://www.wikihow.com/wikiHow:Cookie-Policy). ![Vinny Lingam](https://www.wikihow.com/images/thumb/2/21/Vinny_Lingam.jpeg/-crop-100-100-100px-Vinny_Lingam.jpeg) Co-authored by: [Vinny Lingam](https://www.wikihow.com/Author/Vinny-Lingam) Bitcoin Specialist Click a star to vote Co-authors: 90 Updated: March 20, 2026 Views: 621,344 ![Kathleen O.](https://www.wikihow.com/images/thumb/b/b0/CommunityAvatar2.png/-crop-72-72-72px-CommunityAvatar2.png) Kathleen O. Aug 9, 2017 "I didn't have any idea what Bitcoin was or how it worked, other than knowing it was some type of digital currency. The article explained it in easy-to-understand language and I also liked the explanation of upside and downsides. "..." [more](https://www.wikihow.com/Buy-Bitcoins) ![Haroon Rasheed](https://www.wikihow.com/images/thumb/f/f2/CommunityAvatar3.png/-crop-72-72-72px-CommunityAvatar3.png) Haroon Rasheed Dec 10, 2017 "I found overall risk is there, but no risk, no return is also true. It's the fastest-growing currency. Just be sure to buy it safely, avoiding any scams."..." [more](https://www.wikihow.com/Buy-Bitcoins) ![Nontuthuzelo Yabo](https://www.wikihow.com/images/thumb/f/f2/CommunityAvatar3.png/-crop-72-72-72px-CommunityAvatar3.png) Nontuthuzelo Yabo Jan 16, 2018 "I always wanted to now more about bitcoin. I fully understand how it works now. I can also invest in it, it sounds good."..." [more](https://www.wikihow.com/Buy-Bitcoins) Rated this article: ![Jigar J.](https://www.wikihow.com/images/thumb/f/f5/CommunityAvatar4.png/-crop-72-72-72px-CommunityAvatar4.png) Jigar J. Oct 4, 2017 "The Bitcoin business is like treading in murky waters, but fortune favors the brave. So look well before you leap." ![Kev Lipper](https://www.wikihow.com/images/thumb/f/f5/CommunityAvatar4.png/-crop-72-72-72px-CommunityAvatar4.png) Kev Lipper Jan 2, 2017 "I really didn't know anything about Bitcoins, but after reading this, I have a good 50,000-foot view of things."..." 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Readable Markdown	[![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) The beginner's guide to purchasing Bitcoin with your debit card or bank account [![PDF download](https://www.wikihow.com/extensions/wikihow/socialstamp/images/icon-pdf.svg) Download Article](https://www.wikihow.com/Buy-Bitcoins) - [Using Payment Apps](https://www.wikihow.com/Buy-Bitcoins#Using-Payment-Apps) - [Using Stock Trading Apps](https://www.wikihow.com/Buy-Bitcoins#Using-Stock-Trading-Apps) - [Using an Exchange](https://www.wikihow.com/Buy-Bitcoins#Using-an-Exchange) - [Using Bitcoin ATMs](https://www.wikihow.com/Buy-Bitcoins#Using-Bitcoin-ATMs) - [Buying Peer-to-Peer](https://www.wikihow.com/Buy-Bitcoins#Buying-Peer-to-Peer) - [Storing Your Bitcoin](https://www.wikihow.com/Buy-Bitcoins#How-to-Store-Your-Bitcoin) - [Advantages and Disadvantages](https://www.wikihow.com/Buy-Bitcoins#Advantages-and-Disadvantages) - [Video](https://www.wikihow.com/Buy-Bitcoins#Video) - [Tips](https://www.wikihow.com/Buy-Bitcoins#tips) Are you thinking of investing in Bitcoin? Or maybe you want to use Bitcoin as an alternative currency to pay for goods or services. Either way, it's easier to buy Bitcoin safely now that Bitcoin has been more widely adopted. You can purchase Bitcoin using familiar apps like PayPal, Cash App, and Robinhood, order it on an exchange like stocks, or even buy it in person. In this article, we'll teach you the easiest and safest ways to buy and store Bitcoin. ## Things You Should Know - The easiest way to buy Bitcoin is to use a digital payment app like Cash App, PayPal, or Venmo. - A cryptocurrency exchange makes it easy to trade cash for Bitcoin and other tokens and can also serve as a digital wallet. - You can also store Bitcoin in a separate cryptocurrency wallet. Wallets can be mobile apps, on the web, on hardware devices, and even on paper. 1. [![Step 1 PayPal.](https://www.wikihow.com/images/thumb/d/d1/Buy-Bitcoins-Step-1-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-1-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-1-Version-8.jpg) If you have a PayPal account, buying Bitcoin is simple. Just tap the Finances icon in the PayPal app, tap Crypto, and select Bitcoin \> Buy. Enter the amount you want to purchase (you can use your balance, linked bank account, or debit card), and follow the on-screen instructions to complete your payment.[\[1\]](https://www.wikihow.com/Buy-Bitcoins#_note-1) Once you've bought Bitcoin, you can store it in your PayPal account, keep track of its price, and sell it for cash at any time. You can also use your Bitcoin to shop anywhere that accepts PayPal at checkout.[\[2\]](https://www.wikihow.com/Buy-Bitcoins#_note-2) - PayPal charges a small fee for Bitcoin purchases, ranging from \$0.49 (for sales under \$4.99) to 1.8% (purchases between \$200.01 and \$1000). - If you prefer to keep your bitcoins in a [cryptocurrency wallet](https://www.wikihow.com/Buy-Bitcoins#How-to-Store-Your-Bitcoin), you can send them from PayPal to your wallet's Bitcoin address.[\[3\]](https://www.wikihow.com/Buy-Bitcoins#_note-3) 2. [![Step 2 Venmo.](https://www.wikihow.com/images/thumb/f/f5/Buy-Bitcoins-Step-2-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-2-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-2-Version-8.jpg) Like its big sibling PayPal, Venmo also makes it easy to [purchase Bitcoin](https://www.wikihow.life/Buy-Bitcoin-on-Venmo) using your balance, debit card, or bank account. Unlike PayPal, you can't use Bitcoin to make purchases in Venmo—but you can buy, sell, send, and receive Bitcoins from within the app. To buy, just tap the Crypto tab, select Bitcoin, enter the amount, and follow the on-screen instructions to process your payment.[\[4\]](https://www.wikihow.com/Buy-Bitcoins#_note-4) You can then store your Bitcoin in Venmo or transfer it to another wallet. - Venmo's fees are identical to PayPal's, ranging from \$0.49 (for purchases under \$4.99) to 1.80% (for purchases from \$200.01 to \$1000).[\[5\]](https://www.wikihow.com/Buy-Bitcoins#_note-5) Advertisement 3. [![Step 3 Cash App.](https://www.wikihow.com/images/thumb/5/5e/Buy-Bitcoins-Step-3-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-3-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-3-Version-8.jpg) If you want a way to buy Bitcoin easily from your phone or tablet but also want to dabble in cryptocurrency trading, Cash App is for you. Not only can you buy Bitcoin and other cryptocurrencies using [your Cash App balance](https://www.wikihow.com/Check-My-Cash-App-Balance-by-Phone "Check My Cash App Balance by Phone"), you can also place advanced orders, such as buying Bitcoin only when it [hits a certain price](https://www.wikihow.com/Invest-in-Bitcoin "Invest in Bitcoin"). To buy Bitcoin in Cash App, tap the Bitcoin tab, select Buy BTC, choose an amount, and then follow the on-screen instructions to purchase. - Cash App does charge a fee to purchase Bitcoin, which usually ranges from 1% to 2%. The fee varies depending on market conditions. Before you confirm your purchase, you'll see the fee amount.[\[6\]](https://www.wikihow.com/Buy-Bitcoins#_note-6) - You can also send and receive Bitcoin from Cash App, as well as invest a certain percentage of each paycheck automatically.[\[7\]](https://www.wikihow.com/Buy-Bitcoins#_note-7) 1. [![Step 1 Robinhood.](https://www.wikihow.com/images/thumb/f/f1/Buy-Bitcoins-Step-4-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-4-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-4-Version-8.jpg) Because buying and selling Bitcoin is so similar to [trading stocks](https://www.wikihow.life/Begin-Trading-the-Markets), it fits in perfectly on Robinhood. Known as the app that made [buying stocks](https://www.wikihow.com/Invest-on-Robinhood "Invest on Robinhood") more accessible to the average person, Robinhood allows you to buy and sell Bitcoin and other cryptocurrencies by placing market, limit, stop, and stop limit orders.[\[8\]](https://www.wikihow.com/Buy-Bitcoins#_note-8) If that sounds too confusing, don't worry. If you just want to buy some Bitcoin to hang onto, just tap the magnifying glass and go to Crypto \> Bitcoin \> Buy, enter the amount you want to purchase, select Market Order if not already selected, and then confirm your purchase.[\[9\]](https://www.wikihow.com/Buy-Bitcoins#_note-9) - While it wasn't possible to do for a while, you can now transfer Bitcoin out of Robinhood to any address.[\[10\]](https://www.wikihow.com/Buy-Bitcoins#_note-10) - Robinhood does not charge fees for buying and selling Bitcoin and other cryptocurrencies.[\[11\]](https://www.wikihow.com/Buy-Bitcoins#_note-11) 2. [![Step 2 Fidelity.](https://www.wikihow.com/images/thumb/6/64/Buy-Bitcoins-Step-5-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-5-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-5-Version-8.jpg) If you have a Fidelity account for your stocks and other investments, you can use the Fidelity Investments mobile app to buy and sell Bitcoin. Like Robinhood, you can use Fidelity to place both market and [limit orders](https://www.wikihow.com/Place-a-Limit-Order "Place a Limit Order"), sell, send, and receive Bitcoin in the app. To buy Bitcoin, select Bitcoin from the list of cryptocurrencies, choose your preferred order type, enter the amount you want to buy, and then follow the on-screen instructions to place your order. - There won't be a separate fee to buy Bitcoin on Fidelity, but the service does add a spread of up to 1% to the total cost of the order, which inflates the price.[\[12\]](https://www.wikihow.com/Buy-Bitcoins#_note-12) 3. [![Step 3 Webull.](https://www.wikihow.com/images/thumb/c/c1/Buy-Bitcoins-Step-6-Version-8.jpg/v4-460px-Buy-Bitcoins-Step-6-Version-8.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-6-Version-8.jpg) Webull doesn't have the name recognition of big apps like Fidelity and Robinhood, but that doesn't mean it's not a great place to buy Bitcoin and other cryptocurrencies. This growing app supports stocks, cryptocurrency, options, and more, lets you place both market and limit orders, and is very user-friendly. However, unlike its competitors, you can't transfer your Bitcoin to another wallet or person—it has to stay in Webull. To buy Bitcoin on Webull, go to Markets \> Crypto, select Bitcoin, choose your funding source, and then place your order. - Webull collects fees by applying a 100bps markup (1%) to each Bitcoin purchase. This inflates the price of the Bitcoin just enough to cover that amount without charging you a separate fee.[\[13\]](https://www.wikihow.com/Buy-Bitcoins#_note-13) Once you sign up for Webull, you'll need to tap the menu icon and select Crypto Trading to request a cryptocurrency account. Once approved, add money to your Webull account, go to the Market tab, then go to Crypto \> Bitcoin. 1. [![Step 1 Choose an exchange.](https://www.wikihow.com/images/thumb/8/86/Buy-Bitcoins-Step-7-Version-7.jpg/v4-460px-Buy-Bitcoins-Step-7-Version-7.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-7-Version-7.jpg) Buying Bitcoin through a centralized cryptocurrency exchange is a great option, especially if you're interested in trading other cryptocurrencies in a user-friendly setting. A cryptocurrency exchange works like any other currency exchange: You register, deposit your region's currency, and then trade it for Bitcoin. Exchanges also let you trade Bitcoin for other cryptocurrencies and send and receive them from your wallet. Centralized exchanges are a good option if you want to engage in regular trading and don’t need total anonymity. - Choosing the best exchange depends on where you are located and the type of currency you want to use to buy Bitcoin. Some of the more well-known exchange services include Coinbase, Kraken, Binance, Kucoin, Bitstamp, and Bitfinex.[\[14\]](https://www.wikihow.com/Buy-Bitcoins#_note-14) - Some exchanges do not allow fiat (your regional currency) deposits. For example, if you want to use a decentralized exchange, you'll need another type of cryptocurrency to trade for Bitcoin instead of your region's currency. If you want to buy Bitcoin with your bank account, debit card, or credit card, avoid "crypto-only" exchanges. 2. [![Step 2 Verify your account.](https://www.wikihow.com/images/thumb/9/9a/Buy-Bitcoins-Step-8-Version-7.jpg/v4-460px-Buy-Bitcoins-Step-8-Version-7.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-8-Version-7.jpg) To use a centralized exchange, you'll need to provide proof of identity to the service—a process known as KYC (Know Your Customer) designed to meet anti-money laundering requirements. This process usually involves taking a photo of yourself holding up a sheet of paper that says the exchange's name and the date or sometimes holding up your identification. You'll also need to scan your government ID. - Though you must provide proof of your identity, exchanges do not provide the same protection that banks do. You are not protected against hackers or given reimbursement if the exchange goes out of business. 3. [![Step 3 Connect a payment method.](https://www.wikihow.com/images/thumb/1/19/Buy-Bitcoins-Step-9-Version-7.jpg/v4-460px-Buy-Bitcoins-Step-9-Version-7.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-9-Version-7.jpg) You'll need to deposit some cash to buy Bitcoin on an exchange. Most exchanges make it easy to link your bank account or debit card to transfer funds easily, while others only accept wire transfers. Follow your exchange's instructions to fund your account. 4. [![Step 4 Buy Bitcoin.](https://www.wikihow.com/images/thumb/3/3f/Buy-Bitcoins-Step-10-Version-7.jpg/v4-460px-Buy-Bitcoins-Step-10-Version-7.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-10-Version-7.jpg) Some exchanges, like Coinbase and Crypto.com, allow you to simply click or tap Bitcoin, enter an amount, and instantly make a purchase. Other exchanges are more like stock exchanges, where instead of choosing what you want and paying for it, you'll need to examine the charts and place a market or limit order. Either way, once you place your order, your Bitcoin will be deposited into your exchange wallet. - Centralized exchanges store your Bitcoin and fiat currency for you online so you can trade, sell, send, and receive Bitcoin and other tokens. However, most experts agree that you should send your Bitcoin to a [non-custodial wallet](https://www.wikihow.com/Create-an-Online-Bitcoin-Wallet "Create an Online Bitcoin Wallet") rather than leaving your Bitcoin on an exchange—just in case the exchange goes bankrupt. 1. [![Step 1 Find a Bitcoin ATM near you.](https://www.wikihow.com/images/thumb/4/43/Buy-Bitcoins-Step-11-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-11-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-11-Version-4.jpg) Now that Bitcoin is growing more popular, you can buy it at Bitcoin-specific ATMs. You'll often find these kiosks at malls, airports, universities, and convenience stores. To find the closest Bitcoin ATM, visit <https://coinatmradar.com/> and enter your address. - While these ATMs initially allowed you to stay anonymous when buying Bitcoin, most now require you to provide identification—many even require you to scan your government ID. At the very least, you'll need to provide your phone number at most Bitcoin ATMs.[\[15\]](https://www.wikihow.com/Buy-Bitcoins#_note-15) - If you haven't already created a Bitcoin wallet, [you'll need to do so](https://www.wikihow.com/Buy-Bitcoins#How-to-Store-Your-Bitcoin) before using a Bitcoin ATM. 2. [![Step 2 Sign in to the Bitcoin ATM with your phone number.](https://www.wikihow.com/images/thumb/3/31/Buy-Bitcoins-Step-12-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-12-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-12-Version-4.jpg) To get started at most Bitcoin ATMs, you'll usually need to enter your phone number to verify your identity. Once you do this, you may be prompted to provide additional information. 3. [![Step 3 Withdraw out cash from your bank account.](https://www.wikihow.com/images/thumb/4/44/Buy-Bitcoins-Step-13-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-13-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-13-Version-4.jpg) Most Bitcoin ATMs only accept cash, as they are not set up to process debit or credit card transactions. 4. [![Step 4 Insert your cash into the ATM.](https://www.wikihow.com/images/thumb/0/0d/Buy-Bitcoins-Step-14-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-14-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-14-Version-4.jpg) Then, scan your mobile wallet QR code or access the codes needed from your account via your smartphone to load bitcoins onto your wallet. - Exchange rates at Bitcoin ATMS can vary from 3% to 8% on top of the standard exchange price. 1. [![Peer-to-peer Bitcoin transactions allow you to stay truly anonymous.](https://www.wikihow.com/images/thumb/5/52/Buy-Bitcoins-Step-15-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-15-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-15-Version-4.jpg) Unlike traditional exchanges, peer-to-peer exchanges allow users to trade cryptocurrencies with one another without providing any personal information. Some popular peer-to-peer exchanges are [Bisq](https://bisq.network/), [Local Coin Swap](https://localcoinswap.com/), [Hodl Hodl](https://hodlhodl.com/), and [AgoraDesk](https://agoradesk.com/). - You can also buy Bitcoin from someone in person. When you buy Bitcoins directly from another person, you'll need to give them your [wallet address](https://www.wikihow.com/Buy-Bitcoins#How-to-Store-Your-Bitcoin) and payment in exchange for the agreed-upon amount. Just be careful about meeting random people who claim to be selling Bitcoin online, and always make sure the coins have been transferred into your wallet before paying the seller. - You can check the current Bitcoin exchange rates online at [https://www.coingecko.com](https://www.coingecko.com/). 1. [![Step 1 Create a Bitcoin wallet.](https://www.wikihow.com/images/thumb/4/42/Buy-Bitcoins-Step-16-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-16-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-16-Version-4.jpg) If you buy Bitcoin through a service like Robinhood, PayPal, or Cash App, you don't have to create a separate wallet. But if you buy Bitcoins on an exchange, through a Bitcoin ATM, or via a person-to-person transaction, you'll want a Bitcoin wallet to store your private keys. There are two types of wallets: - Custodial wallets: When you use a custodial wallet, you're storing your [private keys](https://www.wikihow.life/Keep-Your-Cryptocurrency-Safe) on a remote server run by a third party. These wallets are usually offered by cryptocurrency exchanges like Binance, [Coinbase](https://www.wikihow.tech/Use-Coinbase), Kucoin, and Crypto.com. You can think of using a custodial wallet like depositing cash into a bank account. However, because Bitcoin is not insured like most banks, you risk losing your Bitcoin if the wallet provider goes bankrupt. - Non-custodial wallets: With this type of wallet, you store the keys for your Bitcoin on your device, such as your computer, phone, tablet, hardware wallet, or even a [paper wallet](https://www.wikihow.com/Store-Bitcoin-with-a-Paper-Wallet "Store Bitcoin with a Paper Wallet"). Non-custodial wallets include MetaMask, Trust Wallet, Electrum, Atomic Wallet, and hardware devices like Trezor and Ledger. 2. [![Step 2 Get your wallet address.](https://www.wikihow.com/images/thumb/4/41/Buy-Bitcoins-Step-17-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-17-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-17-Version-4.jpg) If you create a wallet that isn't on a cryptocurrency exchange, you'll need access to your Bitcoin address to receive the Bitcoin you purchase. Look for a "Receive" or "Deposit" link in your Bitcoin wallet to find the long series of characters that make up your wallet address. When buying Bitcoin at a Bitcoin ATM, from a person directly, or on a decentralized exchange, you must provide this address during your purchase. - If you want to buy Bitcoin at Bitcoin ATMs, consider a Bitcoin wallet that supports deposits using a QR code like Electrum, [Trust Wallet](https://www.wikihow.com/Sell-on-Trust-Wallet "Sell on Trust Wallet"), or Coinbase Wallet. Don't trust any online Bitcoin QR code generators, which are often scam sites. 3. [![Step 3 Send Bitcoin to your wallet.](https://www.wikihow.com/images/thumb/3/35/Buy-Bitcoins-Step-18-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-18-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-18-Version-4.jpg) While some wallets have a built-in method to buy Bitcoin from their app or website, most just act as a holding place for your tokens. Once you purchase Bitcoin on an exchange or in a finance app, look for the "send," "transfer," or "withdraw" option, and enter your Bitcoin wallet address. If you're using a Bitcoin ATM, you can usually scan your wallet's QR code for a quick transfer. 1. [![Step 1 Advantages.](https://www.wikihow.com/images/thumb/b/b1/Buy-Bitcoins-Step-19-Version-4.jpg/v4-460px-Buy-Bitcoins-Step-19-Version-4.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-19-Version-4.jpg) - Low fees: Unlike traditional finance systems, whereby the system itself (like PayPal or a bank) is compensated with a fee, Bitcoin bypasses this entire system. The Bitcoin network is maintained by the "miners," who are compensated with new Bitcoin. - Protection against fraud: Because Bitcoin is digital, it cannot be counterfeited, which protects against payment fraud. In addition, transactions cannot be reversed by credit card chargebacks. - Immediate transfer and settlement. Traditionally, when money is transferred, it involves significant delays, holds, or other hassles. The lack of a third party means that Bitcoin can be transferred directly between people without the complexities, delays, and fees associated with purchasing between parties using different currencies and providers. 2. [![Step 2 Disadvantages.](https://www.wikihow.com/images/thumb/b/b9/Buy-Bitcoins-Step-20-Version-3.jpg/v4-460px-Buy-Bitcoins-Step-20-Version-3.jpg)](https://www.wikihow.com/Buy-Bitcoins#/Image:Buy-Bitcoins-Step-20-Version-3.jpg) - Financial safety. With traditional banking, if someone makes a fraudulent transaction on your credit card or your bank goes belly-up, there are laws in place to limit your losses. Unlike banks, Bitcoin does not have a safety net in place if your Bitcoins are lost or stolen. There is no intermediary power to reimburse you for lost or stolen Bitcoins. - Security. Bitcoin is not immune to hackers, and the average Bitcoin account is not completely secured against hacking or security breaches. - Price volatility. The price of Bitcoin in dollars fluctuates wildly, often with no rhyme or reason. A bad news cycle could tank your investment. In addition, because Bitcoin's value is determined by supply and demand, should Bitcoin end up being subject to government regulation in any form, it could reduce the number of people who want to use Bitcoin, which could theoretically make the currency worthless.[\[16\]](https://www.wikihow.com/Buy-Bitcoins#_note-16) Ask a Question 200 characters left Include your email address to get a message when this question is answered. [Submit]() Advertisement ## Video - Familiarize yourself with how to sell your Bitcoins as well. Thanks - If buying Bitcoin in person, meet the seller in a busy public place. Avoid meeting in private homes. You should take all the precautions, especially if you carry cash to pay the seller for the coins. Thanks Thanks for submitting a tip for review\! Advertisement ## References About This Article [Article SummaryX](https://www.wikihow.com/Buy-Bitcoins#summary_wrapper) If you want to buy Bitcoins, you will need to set up an online storage site by either installing a wallet on your home computer or creating an account with a third party site. You can also store the key to your Bitcoins on a piece of paper printed with a code. Once you’ve set up your account, you can obtain Bitcoins by purchasing them through an exchange service, or you can purchase them from an individual Bitcoin seller. In some areas, you can even find Bitcoin ATMs where you can convert your Bitcoins into cash. To learn more about the risks and benefits of having Bitcoins, keep reading the article\! Did this summary help you? Thanks to all authors for creating a page that has been read 621,344 times. Reader Success Stories - ![Kathleen O.](https://www.wikihow.com/images/thumb/f/f5/CommunityAvatar4.png/-crop-72-72-72px-CommunityAvatar4.png) Kathleen O. Aug 9, 2017 "I didn't have any idea what Bitcoin was or how it worked, other than knowing it was some type of digital..." [more](https://www.wikihow.com/Buy-Bitcoins) ## Is this article up to date? wikiHow Tech Help Pro: Level up your tech skills and stay ahead of the curve [Let's go\!](https://www.wikihow.com/Tech-Help-Pro) [X](https://www.wikihow.com/Buy-Bitcoins) For over two decades, we’ve been on a mission: to help everyone in the world learn how to do anything. Our articles are human written and expert endorsed to ensure readers like you get reliable, current information. Before you get back to learning, we would be grateful if you could take a minute to support wikiHow. Any amount helps. Thank you. \- \- ![](https://sb.scorecardresearch.com/p?c1=2&c2=8003466&cv=3.9.1&cj=1)
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